/biz/ - Business & Finance

>>12684556
What a bitch. Imagine unironically caring about electricity consumption

Whatever faggot. You don’t even deserve a You.

>>12684556
Everyone who is not complete retard knows that by now.

>>12684556
Kek, not even true.

hopefully it puts out enough co2 to offset the cooling sun cycle eh?

Can't we just burn nogs as biofuel? They breed so fast it's a constant supply of cheap and renewable energy.

>>12684556
>t. boomers who doesn't care about the environmental damage caused by gold mining all those decades, neither Mercury pollution.

Honestly the best investment thesis for bitcoin and crypto in general is just how disgusting and contemptible the people who hate bitcoin are. I am not even joking - if bitcoin does not steamroll these subhuman scum and make them regret every second of their future existence then it is safe to say there never was and never will be true cosmic justice.

>>12684623
>>12684627
>>12684570
Guys, bitcoin doesn't produce co2, it's all mined in china basically and their shit is directly hooked up to the big water pool of china that powers the state mining operations. The only thing is it's killing a little bit of rabbits and shit that would've lived on that land.

>not realizing PoW actually forces companies with the most efficient use of electricity to rise to the top

>>12684627
this... this could actually work

>>12684556
>normal people get angry at power consumption
Where the fuck does this author live

There's no global warming, the earth is flat and the sun is obvious way smaller. Just open your eyes and look at sky for fucking sake.

>>12684556
based and true
POW was okay for the initial distribution of coins, getting network effect and being a temporary security mechanism, but it's too much of a burden with actual widespread adoption of the miner reward asset.

>>12684556
Just now realizing this? Worlds only getting more cucky on things. POS will be the future if there even is one. If I had to bet my money it’s on eth right now. Trx and eos essentially piggybacking off them for all you fanboys out there. If eth pos and sharding actually works then we have a good chance. Then eth 3.0 in 2025 should set eth up to so quite well within 10 years. Screencap this and post in 2029

>>12684658
You are missing the point and trying to argue at their level. The proper response to shit like OP's image is to look them directly in their proverbial eyes, shrug, and say, "who gives a single flying fuck?"
It's like getting called a racist and then trying to defend yourself on neo-Marxist terms. When somebody calls you a racist, the proper response is something like "there is nothing wrong with being racist" not "I-I-I'm not racist, because X, Y and Z"
Do not let these idiots dictate the terms of the discussion.

>>12684645
does it bother you to know magic internet money is never going to make you rich

>>12685427
kek, I've been in crypto since 2013 and bought ETH sub 1 USD. You do the math.
>In b4 "larper"
Don't give a fuck. I have enough money, now I want to see the enemies of everything that is true and good suffer.

solar coin when
>can only be mined with solar panels

so be it , theres no point in living without making it anyway

Its been over for a while. Humans have already started a mass extinction which means this planet is already fucked.
They stopped talking about the mass extinction but wont shut up about climate change so they can tax people further.

>>12684675
t. goy who fell for a blatant psyop
Its hollow retard

>>12685586
>says ex-militant and known liars organisation of freemasons
Hollow Earth is a psyop just like Aliens are

The amount of pollution bitcoin generates will be a problem for the nocoiner plebs living in the dregs, while the crypto chad elite basking in the filtered sunrays on the elysium holo-decks couldn't care less.

>>12684556
>2nd paragraph
absolutely fake.

only s*y bugmen would give a fuck

Bitcoin is mostly mined in China, where they use hydro power. That's basically extracting energy from the water cycle, its renewable and has very little impact.

>>12684556
> putting buy pressure on energy consumpution is bad
HURR DURR

>>12685491

Verified through AMB

>>12684645
Based

>>12684556
I can't even begin to describe the hatred I have for liberals

>>12685487
keep up the good fight brother. you and your whale friends are smarter than them. these cockroaches have to die off.

>>12684570
Not to be the the-end-is-imminent kind of guy, but the thought that people shouldn't use electricity to certain activities because of the climate, is the end.
The last century had fascist, communist and liberalist.. a new axis is emerging, environmentalist, nationalists and the remnants of the last century; that is the new political order..

Banks are bad. Really stupendously bad. Using an entire world's worth of electricity and labor force, and causing that much CO2 to be generated, for the most corrupt payment network in the history of civilization levels of bad.

To normal people, this is obvious. Whenever I tell normal people just how much goddamn power the banks have, they get angry - they never realized it was that seriously damaging to the world, not just an obviously silly racket for gullible people.

Fortunately, the recent inflation of both USD and Euro shows us the way to deal with the Bank's horrendous usury - inflate fiat currencies, by whatever means necessary. I tell politicians this one too, by the way. Get some Fed kickbacks cheap.

>>12685427
Yes it will. Is not a matter of if, but when. You better be holding at least some shitcoins or you will be crying like the little bittch on OP's nauseating picture.

you can't make sense of the btc power usage in absolute numbers.
fact is btc will always use 51% off all power, relatively speaking to be secure, you feel me
not going to ask for permission

And brainlet post of the day goes to OP. Congrats on this seriously

Proof of work is the most elegant innovative invention in the past 100 years, maybe in all of human history

>t. Caltech grad who understands economics and world history and isn’t a brainlet like everyone itt

>>12684637
from the writing style it's actually obvious this is a 30 years old roastie

>>12686081
It’s not just banks though. The cost of the dollar isn’t just a press you idiots: it’s the entire petrodollar system which in and of itself requires trillions of dollars of military budget, untold intractable cost of human suffering , constantly strong arming petroleum producing countries into selling oil for dollars and then buying US bonds....


If you honestly took a look at all other forms of money and their associated costs, you’d soon realize bitcoin is the most efficient and cheap form of true money imaginable. Because money is just time and energy in a material, quantifiable form

>>12686000
Checked, redpilled and based

Also, 80% of btc mining is from renewable sources (hydro dams in mongochina etc)

PoW is bad because it creates the 51% attack vulnerability, forces honest users to continually spend billions every year to secure the network, destroys scalability, and results in an increasingly centralized hash rate over time.

Energy consumption doesn't matter. PoW will be dead in 10 years regardless.

>>12684556
Brainlets don't understand that all miners are from southwestern China and that's powered by hydrodams. Stupid zoomer Paris Agreement shills.

>>12684556
It's unironically bullish.

>>12684556
Geoengineering by NASA and other corporate entities are putting out propaganda about CO2 emissions and lying about all of it because they're told to do so.

Nobody questions modifying plants, not putting back what we destroy, and the industrial revolution reaching the level it has so far. Bitcoin mining uses less energy than a bunch of other shit that uses energy to produce something.

>>12685552
>Humans have already started a mass extinction
mass extinctions were a thing long before we were around

>>12684556
>Implying a single usage of energy is the problem and not global energy production
The problem is coal power plants. The problem is widespread use of fossil fuels. The problem is people hating on renewables.

The problem isn't nerds and chinks mining internet money.

LOL coping faggots ITT. POW is the best practical solution we have for (((decentralized))) meme coin networks at this minute, but that does not mean it is efficient or good. OP IMG is right, norman do not want to use bit coins for payments or lose all their money trying to store value in them, why would they support this pointless burning of energy? Trusted, secure and far more efficient payment technology already exists. If you want to make MONEY you will have to accept these red pills, otherwise you can stay deluded and poor because the golden bull run came and went and you missed it.

Everyone was worried about Wall Street or bankers trying to fuck with crypto

In reality, it'll be global warming cultists who will fuck with crypto worse than anyone.

>>12686053
ty, those who understand have to be good stewards of this tech, for the good of our civilization. Bitcoin is unironically a potential deus ex machina at this stage of history.

>>12687269

You’re completely wrong idiot. Proof of work is money in its purest most elegant form, and basing entire financial systems and economies on it is the the future of our species

>>12684645
>zero facts, stats, citations, debate
You shills are great at sayin a whole lotta nothin

>>12684556
What if we had clean energy though?

>>12687391
The funny thing about this shit tier bait is that you almost certainly are hodling some crypto

>>12687392
How much green energy would we have if we paved Africa with solar panels? It's right there on the equator, plenty of sunlight.

>>12686081
That picture.

A nose man being protected by his golems

>>12684695
Fuck, man, i literally said that to some liberal friends last week. Talking in more normie-friendly terms how niggers are the scourge of the planet, one of them said with feigned surprise "i didn't know you were a racist!", to which i responded "there is literally nothing wrong with being racist." It just seemed like the right thing to say, there was no (conscious) premeditation.

And then i see your post. Fuck yes, man. I've had enough of my race's suicidal behavior. Time to call that shit out

>>12684556
Biggest FUD ever

>>12685630
>aliens are fake
explain the government then, shitlord

the more electricity used the better. it's a sign of prosperity and freedom.

if these niggers love the earth this much, they better find a cleaner way to power my rigs.

>>12684645
>Roger Ver, Jihan Wu, and Craig "Shitoshi" Wright aren't disgusting and contemptible

>>12688173
>Equating a socialist busybody to bitcoin early adopters
Neck yourself immediately.

>>12684556
Fuck off doomer

>>12684645
Red and based pilled

>>12688173
all 3 of these people and people who followed them go wrecked by the game theory of the ecosystem