/biz/ - Business & Finance

>Why are ..., cheap, ..., less expensive than ...
?

Anyway.
A burger is processed and processing costs and not everybody can do easily. And meat is not cheap. Meat was an animal once, you know.
I can put 50g oats + 150g water in a glass and have a breakfast tomorrow, but I can't wake up with a fatty meatburger.
If anything, being durable makes it cheaper.

>>29399661
The "other money uses just as much energy" is not a good reason to stop looking for alternatives, and thus the criticism is valid.

Fact is that Bitcoin POW uses the computation of hash functions for reason of computing hash functions. It's not too hard to imagine a protocol that can cooridnate any sort of useful computation, even if it's just training a neural network or, fuck, even if it's rendering some digital image. But not pump Watts into a hash function...

The fact that old ways to do things can be argued to be just as costly is not a good counterargument to "Bitcoin wastes energy"

>>26464116
Bitcoin was and is weird at all point.

It's shit for the environment (inb4 "yes bot other things are too") and it doesn't actually scale ($15 tx fees and money & power hungry twitter poster at the top)
The "I should have invested" thing was true in 2013 and 2017 and now, and at neither of those points was it a blunder not to invest, because we all invest in something that doesn't actually work and where barely anybody in the space is interested in solving a problem.

I mean all coins. Maybe sans the early Bitcoin forum people.

Sure, there's some well meaning devs like Vitalik, but at the end of the day the whole thing is still a scam and they are just happy to be in the scene where they can do something interesting.

Would just holding BTC and not giving a fuck about any of this been the better plan all along?

I took note of crypto in the summer of 2017 due to the Ethereum promise.
BTC is about 10x since then.
Meanwhile, the smartest move would have been something like to ride one of the 10x ICO waves in 2017 and then just move it to BTC and wait, turning 10k to a million.
But instead I got into a sequence of smaller technically interesting projects, learned ECC and coded up sha and all those things. There were high high's and low lows. I cashed out my initial money in the middle, simply because I lost interest. Now I'm still up 3x overall, but that's somehow feels like a joke. Even ETH is only up 6x since them.

One always has those feelings of
>If I would have went IOTA to ETH to NEO to Rai to BTC to LINK then I'd be up literally a billion x
but of course this is somehow a useless thought because probably nobody took those sequences.

How not to have those lines of thought?
And what to learn from it all?