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Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure

Knock_Knock_Lemmy_In@lemmy.world ⁨5⁩ ⁨days⁩ ago

There are versions of cryptocurrencies that don’t use massive amounts of energy.

Pick anything launched from Ethereum onwards.

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LandedGentry@lemmy.zip ⁨5⁩ ⁨days⁩ ago
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- Knock_Knock_Lemmy_In@lemmy.world ⁨5⁩ ⁨days⁩ ago
  You are glossing over 40% of a $3T market.
  
  I’m not going to defend PoW but blockchain technology had moved on even if the fanboys haven’t.
  
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  - LandedGentry@lemmy.zip ⁨5⁩ ⁨days⁩ ago
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    Knock_Knock_Lemmy_In@lemmy.world ⁨5⁩ ⁨days⁩ ago
    That’s as irrational as saying no-one can use EVs until we get rid of all ICE vehicles.
    
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Honytawk@feddit.nl ⁨4⁩ ⁨days⁩ ago
And nobody uses those, so that argument is mute.

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- Knock_Knock_Lemmy_In@lemmy.world ⁨4⁩ ⁨days⁩ ago
  False.
  
  80% of transactions occur on solana and BNB. Only 1% of crypto transactions are on Bitcoin, which is in 9th place.
  
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