Two things can be awful at once, shockingly enough.
BobGnarley@lemm.ee 11 months ago
Remind me again about how awful it is that Bitcoin uses so much energy? Is it because one form of waste makes shit tons of money for shareholders and the other makes money for regular people?
Blackmist@feddit.uk 11 months ago
reassure6869@lemm.ee 11 months ago
no
trashgirlfriend@lemmy.world 11 months ago
Mining hasn’t been profitable for any “regular” person for like a decade
BobGnarley@lemm.ee 11 months ago
97% of wallets being in profit isn’t profitable? Man, you should tell these people!
www.msn.com/en-us/money/markets/…/ar-BB1jjT8W
Ibaudia@lemmy.world 11 months ago
It’s not profit until it’s converted to FIAT, which causes the value of BTC to drop. Crypto can’t generate money, it can only move it around. Someone always loses.
Jakeroxs@sh.itjust.works 11 months ago
Isn’t that true of money in general?
BobGnarley@lemm.ee 11 months ago
I’m not talking about mining btw, I’m talkingaboutt having bitcoin and holding it.
Holyginz@lemmy.world 11 months ago
Then there was no point in your response cause the comment you replied to explicitly said mining, not holding.