Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M...
by spookthesunset on Wednesday May 23, 2018 @07:48PM
(#17139557)
> Pretty weak line of reasoning.
Hardly. What, exactly, does bitcoin add to our world? Near as I can tell it's only use case is Making Money Fast (for the folks at the top of the pyramid, anyway) and scamming the bejesus out of all the rubes who fall for the con.
> How much energy do you and everyone else waste doing things that don't add value to my life or society?
Bitcoin is estimated to consume more than 0.5% of all the worlds energy. Many nations use less power than bitcoin consumes. Bitcoin can process a mere 4 transactions per second. Please go on and explain to me why this is even a remotely acceptable thing.
The whole space is a deplorable shame and people like you should be absolutely ashamed of yourselves. You are a drain on the planet's limited resources.
Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M...
by hndamien on Wednesday May 23, 2018 @08:49PM
(#17139947)
Funny you are arguing about the lack of value of security in a thread of a coin that just had its security broken.
Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M...
by TeMPOraL on Thursday May 24, 2018 @12:21AM
(#17141072)
It's a perfect place to argue about it, because it only shows that pissing away all that electricity still doesn't help, because someone else can piss away more of it to take your money.
How much energy do you and everyone else waste doing things that don't add value to my life or society?
Using your own comparison, why is it a big deal if little Jimmy can't afford a graphics card to play some Counter-Strike? Is gaming a better use for energy?
Seems weird to pick on cryptocurrencies if you actually believe your premise, which I don't think you do.