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Bitcoin miners win legal battle to keep mum about energy use [US]
(www.theverge.com)
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this post was submitted on 27 Feb 2024
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Yes. Legacy banking systems use way more than at least Bitcoin.
"Bitcoin's emission intensity, a measure of emissions per unit of power, is now its lowest ever, dropping 18x faster than the banking sector over 4 years."
https://www.batcoinz.com/p/issue-001-the-narrative-is-shifting
Lol. Fucking batcoinz? That's the source? Also love that you have to pay to read this random guys musings about bitcoin. The way to make money in Bitcoin is still mostly selling others on Bitcoin.
What a slow burn of a pyramid scheme.
I encourage you to read more. If you’re using lemmy then you should already understand the core concept of bitcoin (not crypto/shitcoins)
LOL I understand it just fine. I have made some money on it too.
Still a pyramid scheme. But so engrained that I'm not sure it will ever truly die because someone else will be along to swear it's worth it cause of how much time, effort, money, and the energy of a small nation that was put into it.
But oh man "uhh Bitcoin isn't like all the other crypto which is worthless scams" lol
Could you explain how it’s a pyramid scheme? General curious as no one owns it
You’re right I shouldn’t have lashed out, just frustrated. I’ve posted links to support my argument, not everything is black and white and some bad actors will always taint any good work done in any industry.
P.s I started swinging after everyone’s comments. Note the edit portion of my post
The link isn't the sources but merely a conduit for the cited information. Also, you don't have to pay to read it. Clearly you didn't see the "continue reading" link to get passed the popup.