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/biz/ - Business & Finance

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14579566 No.14579566 [Reply] [Original]

if bitcoin consumes as much as a nation, how much do banks consume?

>> No.14579679 [DELETED] 

Bitcoin doesn't even come fucking to the value and transaction a fucking bank handles you pieceofshit

>> No.14579685

>>14579566
>muh energy waste
continuation of the low-effort fud against crypto
>lets ignore the total disposable plastic shit funded by fiat
The good thing is once we get the citadels in operation we permanently blacklist ppl that work for "the verge"
will be nice to see their children and grandchildren waiting at the citadel gates for the garbage truck so they can scavenge

>> No.14579695

>>14579679
you're on the list now...sorry

>> No.14579707

short switzerland

>> No.14579708

Bitcoin doesn't even come close in handling the amount of transactions and value banks provide

Its just wealth transfer from morons like you to rich ones

>> No.14579852

>>14579708
ip logged. ur still on the list no matter how many times you delete and repost.

>> No.14579893
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14579893

>>14579708
stay poor. also get the fuck off this board you pussy faggot.

>> No.14579923
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14579923

>>14579685
>will be nice to see their children and grandchildren waiting at the citadel gates for the garbage truck so they can scavenge

>> No.14580131

>>14579566
what incentive will miners have once the rewards are gone? at that point the whole network will depend on people willing to pay all those high fees. what's to say some other coin like EOS that doesn't have those problems will flip it?

>> No.14580169

>>14579708
>"Its [sic] just wealth transfer from morons like you to rich ones"
>this is somehow different than current fiat banking

>> No.14580446

>>14579708
I value privacy.

Crypto does have things which try to address this, such as:
- Privacy coins
- Decentralized Exchanges
- Atomic swaps

But how many of those decentralized exchanges can I trust, or how many web/cloud based wallets can I trust? That's the biggest issue Crypto has, in my view. Decentralization and records which are hard to modify are good, but it's anonymity that I really value.