RT @Tom28513893
Place one hundred people on an island from which there is no escape...

RT @DigiEconomist
The only practical application of the Lightning Network’s existence is to pretend Bitcoin doesn’t have a scaling problem. In reality it only really scales via trusted third parties, i.e. by not using Bitcoin. twitter.com/hudsonjameson/stat

RT @apenwarr
The orange dot is a billionaire and the backtrace is their autobiography explaining how you can be successful just like them. twitter.com/matthen2/status/14

Breaking news :

Surprisingly, digital chocolate coins appears to be a shitty edge against a crashing market.

Michael Saylor was right after all.
is Real estate :
Chinese real estate apparently, crashing with it.

RT @DigiEconomist
We quantified there’s about 2.9 million machines. If they last for 1.5 years, then less than 80.000 of them will ever create a single block at all - more than 97% of machines will be discarded without even producing a single useful contribution ever. twitter.com/smdiehl/status/143

RT @DigiEconomist
Random fun fact: a single Bitcoin transaction has the same carbon footprint as a little over 40 million Tweets. twitter.com/bitcoinmagazine/st

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).


RT @DigiEconomist
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.” fortune.com/2021/08/16/bitcoin

RT @Milkman2228
Daily reminder that bitcoin maxis are the worst human beings on the planet twitter.com/maxkeiser/status/1

RT @DigiEconomist
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). twitter.com/BitcoinMagazine/st

With the recent events in Afghanistan, just a friendly reminder. 's role in funding terrorism has been a topic for years. Bitcoin is basically a vehicle for crowd-funding the Djihad.


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