• real_squids@sopuli.xyz
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      6 days ago

      Hey now, at least bitcoin has it’s uses. And if you have a farm for it I doubt you’re scamming on the side, that’s risky.

        • Psythik@lemmy.world
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          5 days ago

          Bitcoin saved me from losing everything. You’d have to be a god damn fool to claim that it doesn’t have its uses. Investing when bitcoin was worth $19K was the smartest decision I ever made. You’ll never convince me that it’s a scam.

  • hark@lemmy.world
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    6 days ago

    If only there were a way to combine the two, then we could keep an even larger bubble going.

  • leftzero@lemmy.dbzer0.com
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    6 days ago

    Wasting electricity that was already being wasted isn’t as bad as wasting electricity that was being used for something productive, I guess.

  • kubofhromoslav@lemmy.world
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    6 days ago

    Crypto mining is (mostly?) total waste… Proof of Work by doing hard but useless calculations and using it as kind of currency is like travelers on a desert world use water as a currency - but by intentionally spilling it 🤦🏻‍♂️

    Great cryptocurrencies does not need power hungry hardware. Eg. Nano (XNO) have a secure network error or using around 17 000 000 times less energy per transaction.

  • termaxima@slrpnk.net
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    5 days ago

    Bitcoin has at best 5 years left until quantum computers just destroy the cryptography they use, so they are right to look for an escape.

    I just wish they realized how futile this all is.

  • jaykrown@lemmy.world
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    6 days ago

    The difference between AI and Bitcoin is that people actually use AI to do productive things.