Satoshi is estimated to have wallets totaling as much as 1.1 million btc. That would make them the 26th richest person in the world.
wahming@monyet.cc 7 months ago
Whoever Satoshi was, I wonder how he’s responding to the thought that he’s personally contributed more to global warming than the average billionaire.
JasonDJ@lemmy.zip 7 months ago
Artemis_Mystique@lemmy.ml 7 months ago
The ONE PIECE is real /s
zergtoshi@lemmy.world 7 months ago
It’s a bit more than just an estimate. If you want to know more, have a look here: bitslog.com/…/the-well-deserved-fortune-of-satosh…
The keys to the addresses exist. Whether someone is in control of them is unclear. It can’t be proven that they’ve been lost.JasonDJ@lemmy.zip 7 months ago
Ok I was kind of dumbing it down when I said “if the wallet exists”, but yeah, obviously a wallet and key “exist”, but whether or not anyone actually has them is unknown.
Really sucks for Satoshi, too. If the keys are still in someone’s position, they can’t use it, because people are watching those wallets like hawks and if they move, that means there’s a new billionaire. For a brief moment. Until Bitcoin takes a massive nosedive from which it’ll never recover.
That must be some special kind of hell. To be an actual billionaire but not able to spend a cent of it.
kautau@lemmy.world 7 months ago
Probably not thinking about it on his yacht that he doesn’t pilot or maintain, having built the most successful grifter scheme of all time
NikkiDimes@lemmy.world 7 months ago
I feel like calling bitcoin a grifter scheme is kind of like calling fiat currency a grifter scheme. Which I guess isn’t entirely untrue…
echodot@feddit.uk 7 months ago
Oh not this again.
Crypto is also fiat. It’s backed by nothing except the trust that it exists, therefore it’s fiat.
NikkiDimes@lemmy.world 7 months ago
That’s my point. Sorry, I should have said “fiat in general”.
maness300@lemmy.world 7 months ago
It’s a drop in the bucket compared to how much energy the banking industry uses.
exhaust_fan@lemmy.world 7 months ago
Banks use negligible electricity lmao
maness300@lemmy.world 7 months ago
Might want to brush up on that reading comprehension.
Snekeyes@lemmy.world 7 months ago
Yeah. 600k Branches, 1 million atms, data centers…
clgoh@lemmy.ca 7 months ago
Including everything, about a million times less energy per transaction than crypto.
orrk@lemmy.world 7 months ago
yup, tho they also serve more people than crypto bros, about 100,000 times as many
Dra@lemmy.zip 7 months ago
I think this is the most forced ‘lmao’ I have ever read
UnrepententProcrastinator@lemmy.ca 7 months ago
Watch out! Lemmy is full of Fudd that are not part of the cult. You need actual data to convince them and not even just the comparison of 2 numbers but something that takes into account the comparative size of both industries.
Don’t worry, you will be able to laugh at them after your gambling addiction pays up.
(Jk you might not even be a line goes up guy but you do seem to have a lot of the crypto bible memorized)
reattach@lemmy.world 7 months ago
I can’t tell if these crypto people (comparing the energy use of banking to Bitcoin) are dumb, or if they think everyone else is.
blazeknave@lemmy.world 7 months ago
Yes.
clgoh@lemmy.ca 7 months ago
The banking industry uses at least 50x more, right?
Snekeyes@lemmy.world 7 months ago
Lets talk about the bank branchs, data centers, and energy consumption vs crypto.
"Research has found that bitcoin miners alone consume approximately between 60 to 125 TWh of energy annually, which is equivalent to around 0.6% of global electricity
“Traditional banks’ total annual energy consumption of traditional banks is around 26 TWh on running servers, 26 TWh on ATMs, and 87 TWh from an estimate of 600k+ branches worldwide. Totaling 139 TWh.”
Not to mention banks impact on people’s lives. Limited purchasing power of the poor and soon to join them middle class… to purchase disposable products. Like the old tale of buying a expensive boot vs a cheap one.
I’m all for less power usage … but seems like a witch hunt compared to what banking gets away w. It’s the the first time banks can point the finger at someone other then themselves.
iyops.org/…/energy-consumption-cryptocurrency-vs-…
clgoh@lemmy.ca 7 months ago
A system used by everybody, and a system still used by a tiny fraction of the population are using a comparable amount of energy?
calcopiritus@lemmy.world 7 months ago
So it’s okay for crypto to consume more energy than banks because… Banks somehow limit the purchasing power of the poor?
I don’t think I’m understanding your argument.