Comment on Each Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortages

• raktheundead@fedia.io ⁨11⁩ ⁨months⁩ ago

  Bitcoin is the ur-cryptocurrency, the Original Sin from which all of the other flaws from cryptocurrency arise.

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  • Infiltrated_ad8271@kbin.social ⁨11⁩ ⁨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.

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    • LWD@lemm.ee ⁨11⁩ ⁨months⁩ ago

      [deleted]

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      • Infiltrated_ad8271@kbin.social ⁨11⁩ ⁨months⁩ ago

        Oh, you were watching? You were a troll after all. Blocked.

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• LWD@lemm.ee ⁨11⁩ ⁨months⁩ ago

  [deleted]

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  • Infiltrated_ad8271@kbin.social ⁨11⁩ ⁨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.

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    • LWD@lemm.ee ⁨11⁩ ⁨months⁩ ago

      [deleted]

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      • Infiltrated_ad8271@kbin.social ⁨11⁩ ⁨months⁩ ago

        That's not my point, I haven't tried to convince anyone to trust anything nor have I minimized anything. I don't know if you're a troll or just want to argue in bad faith, but I'm out.

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