Re:Warren Buffett: Bitcoin Is Pure FOMO
by the_gastropod on Wednesday December 27, 2017 @12:01PM
(#16016027)
And destroys lives by contributing heavily to CO2 emissions which, funny enough, have an outsized impact on the citizens of third world countries.
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Re:Warren Buffett: Bitcoin Is Pure FOMO
by 0xFFC on Wednesday December 27, 2017 @12:11PM
(#16016131)
It is not fault of bitcoin you are burning oil/etc for mining it. Use renewable energy.
Re:Warren Buffett: Bitcoin Is Pure FOMO
by JoeAltmaier on Wednesday December 27, 2017 @12:16PM
(#16016194)
...which could have been used to replace productive fossil fuel expenditures. It doesn't matter how you fuel egregious waste; its still a pointless thing to do?
Re:Warren Buffett: Bitcoin Is Pure FOMO
by the_gastropod on Wednesday December 27, 2017 @12:16PM
(#16016189)
I'd love for that to happen! But as it stands, when you use electricity, you're using whatever the grid supplies. And for Bitcoin miners especially, this power largely comes from burning coal.
Re:Warren Buffett: Bitcoin Is Pure FOMO
by pteredactyl on Wednesday December 27, 2017 @12:06PM
(#16016074)
Look up energy consumption of other worldwide services, like gold mining. Then get back to me.
Re:Warren Buffett: Bitcoin Is Pure FOMO
by the_gastropod on Wednesday December 27, 2017 @12:07PM
(#16016087)
Look up whataboutism [1], then get back to me ;-)
Re:Warren Buffett: Bitcoin Is Pure FOMO
by pteredactyl on Wednesday December 27, 2017 @12:14PM
(#16016162)
lol, touche