/biz/ - Business & Finance

>>28307292
that's the price to pay for decentralisation, and i'm fine with that

>>28307292
these reddit posts also accelerate heat death and don't even provide value

>>28307292
You have to go back

>>28307292
NANO is environmentally friendly.
Fast, feeless, hippie-certified.

>>28307292
>>28307292
>not a sensible basis for 21st century technology
>we should have a green, energy efficient planet where everyone is a serf and everyone eats bugs and is has their identities and wealth centralized in a green centralized supercomputer!

>>28307586
also not decentralized

>>28307292
as if anyone here gives a fuck about a reddit post, go back

all modern chains use proof of stake

>>28307459
in fact their lives cause a net entropy gain, especially because they are likely well off westerners with computers and time to jerk each other off in echo chambers all day. surely they should be killing themselves to prevent heat death.

current system requires everyone to buy a car which is a huge use of resources to build and fuel, drive to you job at the bank, build, cool and heat a massive building while everyone's houses are also using heat and AC and use all this energy centrally to provide support for centralized ledgers. crypto removes all that and it replace industries eventually. this will prove to be as efficient or more than traditional methods.

>>28307292
redditors are so midwitted it's actually insane. This is like the pinnacle of midwittery

>>28307928
Um... not according to my Reddit army thanks. https://old.reddit.com/r/nanocurrency/comments/kpnnsy/is_nano_decentralized/

>>28307292
Where is that from r/buttcoin?

>>28307292
but you also need to waste energy to find metals or to make collectables

>>28307292
Literally WHO?

>>28307292
those posts actually seem pretty based for reddit

Most bitcoin runs on hydro. You won't hear about the energy make up of bitcoin until later in the year. Its their last piece of fud. They used it on Elon today.

>>28308259
that's hacker news it's the reddit for redditors who think they're too smart for reddit

>>28307292
holy mother of fud batman. You have to go back reddit nigger.

>>28308494

HN comments are even worse than reddit. You never saw such a lot of self-satisfied fart-huffers.

They are a parody of silicon valley opinion

is not about efficiency, its about the cost per hash. at some point there wont be any better tech to actually mine with, and it will be entirely about the cheapest source of electricity, geothermal/hydroelectric/solar. bitcoins hashrate can stabalize at any point, and the difficultly doesnt get stronger

>>28308494
>who think they're too smart for reddit

apparently not

>>28307292
>local heat death
what the fuck is wrong with these retards

>>28307292
>heat death
What the fuck does he even mean by that? Heat death would be the case of no more thermal energy, which is the opposite of what mining is doing

>>28307292
>muh energy
If these nocoiner faggots gave such a shit about energy they wouldn't only be whining about it on the subject of crypto.
They could do the world a favor and unplug their computers, or better yet just kill themselves and really help reduce the carbon footprint.

>>28308717
>>28308494
they're all so incredibly jealous and bitter, because they thought they understood technology, and then they went and missed out on bitcoin entirely. just like r/buttcoin but even more hilarious because they actually they were going to be the ones building this next wave of technology/finance, and it slipped them by completely

>>28307851
Take your meds

>>28307292
heat death is bullshit and only a massive pseud retard would mention it in this context.

>>28309062
>...and slowly I began to hate them

>>28309325
right after you take your prep before you have more gay sex faggot

Just think of all the time and energy gold miners WASTED mining gold. Huge waste of resources!! Unsustainable! I’m such a fucking idiot!

>>28307292
Wonder if he realises he's describing mining gold

>>28307292
Proof of Stake is the future.

>>28307459
>>28307939
>>28308151
its not reddit retards, its hacker news

>>28307292
this is about as stupid as claiming that all of the lights on in banks and all of the resources we use to guard vaults etc are superfluous
yes, pow is an abstract concept but it can be boiled down to a very simple syrup: the more resources protecting something, the more resources it will take to break something.
it's true in crypto, it's true in real life.
boo hoo the US military wastes tons of resources too - guess what, nobody is invading the US.

>>28307292
they're right though POW is retarded

>>28307292
>local heat death
what the fuck is this retard even talking about

Every coin moved from pow to proof of stake

Blocks are generated by staking rewards now on cardano, ethereum, bnb, avax, and other coins

>>28307292
>they don't know
As always, normies miss every opportunity and then seethe about it

>>28307851
>we should have a green, energy efficient planet where everyone sucks cock and eats ass and gets fucked in the ass with cocks and eats cum

>>28313720
sounds pretty gay

>>28307292
>muh man made climate change
This map kills the climatard

>>28307292
>HN
Probably the second most cancerous place on the internet, behind Reddit.

HN hates bitcoin because it is successful, not written in Javascript, and not invented by them.

Be sure never to tell these guys how much Energy raw materials take to mine. What loons.

Still better than handing the power over the ENTIRE financial system to someone.

>>28307292
The problem I have with these faggots is that they're forcing everyone to be minimalistic. What if I've invested my gains into a solar array and run off of solar and stored power in batteries?

>>28309451
It's also hilarious to even mention in this instance since everything on this planet will be consumed by the sun long before they even hit the epoch.

>>28307292
>locking your house up at night is bad because it takes time to lock and unlock everyday
>locks are anti-efficient therefore bad