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That's the wrong video.
I'll find the right one.
Sweet vest though
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That's the wrong video.
I'll find the right one.
Typical ferbs. Shit on governments all the time and everything they stand for but then contradict yourself by talking nonsense about something that pushes back against them and provides people with an alternative. No doubt knowledge aquired from a 5 min google search or 15 min podcast you listened to. Or some conspiracy theories that satoshi is actually the NSA or globalists.I thought half the original number of bitcoin were still unaccounted for and the guy who invented it disapppeared years ago. His original wallet is still untouched allegedly.
Billionaires hold most bitcoin and alot of other crypto too. Its not some democratic thing.
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What the **** does that have to do with what I typed?Typical ferbs. s**t on governments all the time and everything they stand for but then contradict yourself by talking nonsense about something that pushes back against them and provides people with an alternative. No doubt knowledge aquired from a 5 min google search or 15 min podcast you listened to. Or some conspiracy theories that satoshi is actually the NSA or globalists.
You can see all the code. You can see all the wallets and track movements. You can take the code and change it if you want to. It's decentralised. Old money can pay for articles and spread all the theories and stories that they want but it's a lot more decentralised than traditional money ("back in 2010/11 these wallet could hace done this...these 6 mining companies could join forces and commit a 51% attack etc. Etc." A lot of coulda woulda but didn'ta. Rep. Sherman has been one of the most vocal over the years...the usual - only anarchaists use it, make points that are the classic example of 'zero-sum fallacy', misstating the differences between bitcoin and the us dollar (USD can be inflated by the federal reserve when it prints new money), many more. Unsurprisingly, like most that push these narratives, he has ulterior motives. A look into his donors highlights that he receives money from credit unions, credit card companies, american bankers accosciation, older investment firms and even the californian gaming association. Perhaps you should have a think about when the information comes from before you start to parrot half-truths.
I know your next point will be about environmental impact. But it uses 56 times less energy than traditional finance and is projected to have net zero emissions by 2024 - first monetary system to achieve such a feat. All those greenies that complain about Ethereum and NFTs killing the planet...well it's begun shifting over from proof of work to proof of stake resulting in a 99.95% decrease in energy consumption. I do find this topic hilarious. Extinction rebellion doing the work for traditional finance and the elite without even realising they are...
It's disingenuous to say billionaires hold most bitcoin because a lot of them made their fortune because of bitcoin and other cryptocurrencies. Obviously an elite class would rise up if the price has increased over time.
The winklevoss twins used their 65M facebook payout to buy bitcoin in 2012. Roszak - 2012. Draper - 2012 when it was $632 each. Others developed exchanges that people use or developed working products. With the benefit of hindsight this looks like nothing but it took balls to throw big money at something so speculative. Long before most even knew it existed. Even holding throughout its long history of reported "deaths". Capitalism exists. I know in your world of bernie sanders fairytales you prob think they should donate all of their wealth above 10M but that isn't reality.
Sweet vest though
Everything. You've thrown out the environmental impact before, democracy, billionaires. Just your stock standard throwaway lines based off a podcast.What the * does that have to do with what I typed?
Everything. You've thrown out the environmental impact before, democracy, billionaires. Just your stock standard throwaway lines based off a podcast.
What just happened was Ali vs Liston II...you got KO'd stiff before you could even get warmed up.
That is true. Electric vehicles are a bit of a con. Probably great in a city tho.Saying that crypto is bad for the environment is akin to saying that electric vehicles are bad for the environment because the power they use comes from coal powered electricity plants.
Don't give me that crap. I wasn't even getting stuck into crypto, just pointing out a couple of facts.Everything. You've thrown out the environmental impact before, democracy, billionaires. Just your stock standard throwaway lines based off a podcast.
What just happened was Ali vs Liston II...you got KO'd stiff before you could even get warmed up.
Saying that crypto is bad for the environment is akin to saying that electric vehicles are bad for the environment because the power they use comes from coal powered electricity plants.
Not really though.
Electric vehicles are significantly better for the environment compared to the existing standard (petrol/diesel vehicles). Therefore they're a big, big step forward.
You cannot say the same for crypto.
Crypto solves absolutely nothing about existing financial currency systems, but adds in layers of complexity that mean it's difficult for regular consumers AND retailers to embrace it, all while being incredibly environmentally unfriendly.
You don’t think they’ll have to ramp up the grids to accommodate for electric cars?
Where do all the power plants get their energy from?
And unlike the the Crypto, the mines used to remove the material needed for the batteries that make electric vehicles possible, The Cryto mines arent using conflict minerals, destroying the area where they pull them from the earth from.
If it's not needed why did the democrats submit multiple bills that included plans to create a digital dollar? They planned on pushing it through during the covid relief bill. (Link to the pdf is in here: JD Supra: Democrats Unveil U.S. Digital Dollar Proposal In COVID-19 Relief Package)People need transportation.
People don't need crypto.
People need transportation.
People don't need crypto.
My brother works at a lithium mine in WA. You should see the scale of the place and the amount of equipment.That is true. Electric vehicles are a bit of a con. Probably great in a city tho.
Well i presume unicorn farts are also made of methane so ... maybe it should.My brother works at a lithium mine in WA. You should see the scale of the place and the amount of equipment.
None of it runs on unicorn farts
This is a somewhat deceptive chart.. how do those compare on a per user basis?![]()
Not to mention, when people refer to environmental impact they are referring to old data. The new Ethereum network is the equivalent to watching netflix for 2 hours. Elon highlighted the impact BTC has and people like Jack Dorsey decided to push for positive change. In 2 years when BTC has zero impact on the planet people will need a new excuse.
Weak.
TBH, your response is weak.Weak.
For the record I hate electric vehicles.