Re:Bitcoin miners are buying power plants
by gverrilla on Friday April 16, 2021 @12:42PM
(#26836121)
It is informative in it that there's people out here who think he knows nothing about that which he speaks of. I'm not parsing this information for him though - we have search engines and a lot of good resources that fit the purpose. Or he can just go on thinking NFT's are "magic digital baseball cards" if he wishes. Not even gonna comment on his remarks about rapa nui history.
[ Parent
| on HN ]
The problem is the young financially illiterate people BTC hypers who believe that BTC is an issue of tech, when really it's an issue of money and finance.
BTC a number who's ownership can be legitimized by some degree of public scrutiny.
It has utterly no value, no benefit, it's not a currency or store of value.
It's like a pair of Nike shoes, baseball card or comic book, except that it ownership can be transmitted digitally, hence the 'baseball cards'. It has utterly no value other than novelty and speculation.
It's not worth dealing with the BTC crowd, they're the same kind of people who think the Earth is Flat, that Trump won the election or that COVID is not real, following Elon Musk Pied Piper 'to the moon' because of a Tweet.