#Bitcoin is freedom to people (except they don't really want it and are forced to adopt it).
A worthy read.
"Setting up this sort of national payment provider might even be a good and useful idea — if it wasn’t being implemented by a CLOWN show." 🤡
Random fun fact: a single Bitcoin transaction has the same carbon footprint as a little over 40 million Tweets. https://twitter.com/bitcoinmagazine/status/1427744817937793028
After a 50% drop following China's ban, Bitcoin's footprint is increasing rapidly and steadily : miners are settling again.
It raised by 45% in one month, from 33 to 48 million tons of CO2 / year, almost reaching the footprint of Sweden (50 Mt / year).
Any Bitcoin price prediction should be accompanied by proper disclosure on what that price level will mean in terms of environmental damage. “If Bitcoin hits $500,000, mining it will spew more CO2 than Mexico or Brazil.” https://fortune.com/2021/08/16/bitcoin-500k-carbon-footprint-co2-mexico-brazil/
Another source here, speaking about millions worth of crypto being seized by US authorities :
Daily reminder that bitcoin maxis are the worst human beings on the planet https://twitter.com/maxkeiser/status/1427280912518025225
*Bitcoiners : "Wars would not happen with #bitcoin. You could not finance them."
*Terrorists : "Hold my alcohol-free beer"
Sounds like a ~100MW farm - on the Texas grid that means emissions equal 50 metric tonnes of CO2-eq per hour. That easily exceeds emissions of a flying Boeing 747 (except these Bitcoin mines never stop). https://twitter.com/BitcoinMagazine/status/1427594964633063424
With the recent events in Afghanistan, just a friendly reminder. #Bitcoin's role in funding terrorism has been a topic for years. Bitcoin is basically a vehicle for crowd-funding the Djihad.
"Revenue 3x Higher Than Selling to the Grid "
Even "green" #bitcoin is toxic. Burning energy for "mining" chocolate coins is so profitable, it destroys renewable energy at the source and prevents it from being distributed to the society.
NFT fever might simply be a way for the rich to money laundering. Or so speculates crypto investor Mr. Whale. Here's why. https://buff.ly/3sh8w0u
BREAKING: Thousands of #Coinbase users now reporting they cannot access their funds, or withdrawal.
Largest US crypto exchange: Coinbase Vowed Token’s All-Cash Backing; That’s Not True https://www.bloomberg.com/news/articles/2021-08-11/coinbase-drops-promise-of-token-s-cash-backing-that-wasn-t-true
Are such transactions flagged as "retail" or "criminal" when running statistics on money laundering & criminal activities in crypto ?
This NFT just sold for…
$130 million dollars.
Money laundering well done! 👏
By investing in it, @elonmusk pumps its prices, with direct impact on its consumption & impact.
All @tesla's carbon credits should be cancelled & refunded.
Technology won't save us. Bitcoin is not a solution to anything.
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