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A comment on Square buys $170M worth of bitcoins. Parent comment

Re:Square buys $170M worth of bitcoins by pavlov on Tuesday February 23, 2021 @05:21PM (#26243720)
Personally I agree. It's a signal that a company is run by people whose values are fundamentally different than mine.

I've bought a Tesla in the past and was mostly happy with it, but I'll never get another one. (I'm sure they won't miss my business, as Musk's antics are presumably gaining them many enthusiastic customers. Still, buying elsewhere is the only power we customers have.)

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Re:Square buys $170M worth of bitcoins by totheloop on Tuesday February 23, 2021 @05:27PM (#26243797)
Hacker News discussions always mention Bitcoin's energy usage, but fail to consider a couple points about this: for example, the 2nd-largest cryptocurrency, Ethereum, is moving to a model that will use a fraction of the electricity it currently does, and that mining is a far smaller pressure to migrate the renewable grid than other industrial uses of energy. It is, basically, an unconsidered meme. I suggest you do some research on the topic; the Tesla you drive (I drive an EV, too) needs a renewable grid, too.
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