Cambridge Bitcoin Electricity Consumption Index

Re:Cambridge Bitcoin Electricity Consumption Index by base698 on Wednesday February 10, 2021 @08:53AM (#26089023)

It was always a hedge on inflation. The genesis block message: https://www.investopedia.com/terms/g/genesis-block.asp

Nakamoto instilled within the Block's raw data: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."

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Re:Cambridge Bitcoin Electricity Consumption Index by altcognito on Wednesday February 10, 2021 @09:27AM (#26089531)

So basically the entire premise is undermining confidence in the existing system of capitalism and Democracy.

"Your money isn't safe in banks", and a healthy dose of making it easier to launder money.

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Re:Cambridge Bitcoin Electricity Consumption Index by pandeiro on Wednesday February 10, 2021 @01:14PM (#26092761)

Pretty sure the existing system of capitalism and Democracy is undermining confidence in itself.

Bitcoin just provides a hedge.

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Re:Cambridge Bitcoin Electricity Consumption Index by nlitened on Wednesday February 10, 2021 @10:27AM (#26090403)

Bailout for banks has nothing to do with either capitalism or democracy, as far as I understand.

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Re:Cambridge Bitcoin Electricity Consumption Index by jerry1979 on Wednesday February 10, 2021 @11:46AM (#26091522)

Capitalist democracies produced the bailouts. Or maybe bread lines have nothing to do with authoritarian communism?

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