Bitcoin is the first in a huge series of crap to speculate on, but it's not the whole thing. For example, several central banks are creating their own centralized cryptocurrencies, which are fundamentally opposed to that.
How have you managed to twist it into a fallacy? You shouldn't make these claims, because if anything you used a hasty generalization or fallacy of composition.
Not all cryptocurrencies are bitcoin nor do they work the same at all. For example, many don't even use "mining", which is the source of bitcoin's outlandish energy waste. I have no interest in defending cryptocurrencies, but at least don't do so in defiance of common sense.
Infiltrated_ad8271@kbin.social 9 months ago
Bitcoin ≠ Cryptocurrencies
raktheundead@fedia.io 9 months ago
Bitcoin is the ur-cryptocurrency, the Original Sin from which all of the other flaws from cryptocurrency arise.
Infiltrated_ad8271@kbin.social 9 months ago
Bitcoin is the first in a huge series of crap to speculate on, but it's not the whole thing. For example, several central banks are creating their own centralized cryptocurrencies, which are fundamentally opposed to that.
LWD@lemm.ee 9 months ago
LWD@lemm.ee 9 months ago
Infiltrated_ad8271@kbin.social 9 months ago
How have you managed to twist it into a fallacy? You shouldn't make these claims, because if anything you used a hasty generalization or fallacy of composition.
Not all cryptocurrencies are bitcoin nor do they work the same at all. For example, many don't even use "mining", which is the source of bitcoin's outlandish energy waste. I have no interest in defending cryptocurrencies, but at least don't do so in defiance of common sense.
LWD@lemm.ee 9 months ago