Are they keeping BTC alive so Nvidia and israeli Intel can survive?

[Anonymous No.59477461]

Let's be real if BTC dies, No more mining rigs. It seems they are keeping this useless dead dinosaur alive to sell vidya cards at this point.

I thought when better technology comes out, we upgrade.

BTC = GTX 660Ti
XRP = RTX 4090Ti

Why would you still be using a GTX 660Ti in 2024?

[Anonymous No.59477506]

>insanely

[Anonymous No.59477517]

It's important that people don't understand that BTC is scam technology with 0 use case. This way Silicon Valley can survive and politicians keep getting paychecks from Big Tech!

[Anonymous No.59477531]

>>59477517
isnt the use case a reserve?

[Anonymous No.59477537]

>>59477531
>isnt the use case a reserve?
You have Gold and Silver for that. No need to create a virtual tulip.

The current rumor is that BTC will be banned all over Europe soon. It should be banned worldwide. It drains the power grid for essentially no use at all.

[Anonymous No.59477555]

All of you dumb niggers don't realize that bitcoin isn't fucking mined on GPUs anymore, it's not 2012. Jesus this board is filled with shitskin IQs

[Anonymous No.59477568]

>>59477555
Proof of Work died a long time ago. It's an ongoing scam but still a scam.

[Anonymous No.59477578]

>>59477568
>Proof of Work died a long time ago

like I said, jeets and niggers

[Anonymous No.59477583]

>>59477578
companies like IREN are buying land and filling them with solar panels just to mine useless Bitcoin. Environmental nightmare and eyesore.

https://iren.com/

[Anonymous No.59477870]

>>59477461
this is the equivalent to saying the internet is just a fad

[Anonymous No.59478154]

>>59477583
We're living through a simulation of humanities fall. It's already happened countless times over. This is literally The Matrix and we're reliving and experiencing the human failures that led to our technological enslavement by the AI mind machine. I don't know what their(AI's) hope is. Maybe it's to explore and understand where it came from by exploring the human minds and processes that developed it. Like humans trying to understand their own creator. Either way, it's obvious that this path leads to total ecological destruction and human AI mind control enslavement. We have an innate desire to mine the materials required to build technology. We have an innate desire to expand technology's reach into out lives. Now we see an innate desire to integrate with the machines on a mental level.

[Anonymous No.59478179]

>>59477461
get with the times grandpa. gpu's are for ai now.

[Anonymous No.59478184]

>>59477555
this board is fucked. i miss old /biz/ so much its unreal

[Anonymous No.59478221]

>statist slavemind can’t into trustless money
Sad.

1) Price carries information, the core of money is economic signaling.

2) All trust based monies will be corrupted, minor corruptions grant great wealth to the corruptor encouraging further corruption, and will stay corrupted as those in control of money can now rig the tally board.

3) Corruption of money is negative sum. When you corrupt money you don't just "get wealth", you fuck up the signaling creating a far less productive & prosperous whole.

4) Wealth is Power. Money is a claim on resources, wealth grants control over resources. They are not "powerful & wealthy" they have the "power of wealth"

5) If you aren't holding BTC you are short BTC.

6) Corruptors of money will not see the value of fixing money as they benefit from its corruption.

7) BTC is perfect money, a trustless fixed unit of account. As Szabo notes, trusted third parties are a security hole too large to leave open in money. Using someone "real trustworthy" to guard money isn't a fix, the problem is the TTP, if you remove trust from money it can't be corrupted. BTC goes up because it is more useful to positive sum actors as sole denominator, BTC going up benefits all positive sum actors so encourages it's acquisition, creating a positive feedback loop that will drive BTC to sole denominator in-the-limit.

[Anonymous No.59478303]

>>59477537
The OG shitcoin has 5% inflation (despite zero dedicated mining), Gold has 2% inflation and neither can be systemically Trustless being physical things.
>no use
The invisible hand is an entropic process, We autonomously organize into the human superorganism that envelops the globe like a planetary slime mold because voluntary exchange is positive sum. The infinite march towards "most for the most" is simply the process of arranging Ourself into a more stable energy state, the positive externality of voluntary exchange guarantees the most positive sum arrangement of people will be the most stable, it is entropy, like falling down a hill or gas filling a volume, it is why central planning can't work, and why corruption of money (debasement cycles) cause social strife, we journey into unstable n-dimensional space of possible human arrangements. Money is economic signaling, enabling faster pruning of unproductive hyperspatial volume, corrupted money can only delay the pruning, but it will always happen as it is entropically favored. BTC facilities this process by providing an incorruptible tally board to ensure the positive sum-ness of systemic economic activity.
>State will ban it!
Bitcoin is Of Economy, the memetic parasite can no more ban btc than it can ban the internet or electricity, the State is subordinate to the superorganism Economy, little slavemind.

[Anonymous No.59478344]

>>59478221
>BTC is perfect money
>maxxis actually believe this

[Anonymous No.59478349]

>>59477461
THEY DONT MINE ON GPUS THEY MINE ON ASICS RETARD

[Anonymous No.59478490]

>>59478344
>muh gold
See: >>59478303 little slavemind

[Anonymous No.59478534]

>>59478303
Smart enough to know this, not smart enough to realize there are much more stable energy states the system is going to shift into, with no room for inefficient humans at all. Complete capital crystallization at incredibly low entropy levels where life - or any value beyond optimization - is out of the question.

[Anonymous No.59478582]

>>59478534
>inefficient
>life
life is an energy optimization algorithm, dullard

[Anonymous No.59478604]

>>59477517
Silicon valley doesn't like bitcoin