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Hammerite posted:I'm not going on Bitcoin, it isn't safe Gives a new meaning’ to the ol’ haircut, don’t it?
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# ? May 28, 2021 14:16 |
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# ? Apr 28, 2024 04:54 |
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Hammerite posted:I'm not going on Bitcoin, it isn't safe I've been queuing for my transaction for ages. Fiat is really good value! e: All passengers aboard The Bit Train have drowned. Bronze Fonz fucked around with this message at 15:00 on May 28, 2021 |
# ? May 28, 2021 14:58 |
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https://www.theguardian.com/technology/2021/may/28/police-find-bitcoin-mine-using-stolen-electricity-west-midlands
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# ? May 28, 2021 15:14 |
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Greenplastic posted:Currently killing all the passengers by slamming them into the concrete at supersonic speeds When you die on to the blockchain you die in real life?
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# ? May 28, 2021 15:46 |
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Nah, just your savings. And everlasting soul.
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# ? May 28, 2021 20:02 |
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smellmycheese posted:https://www.theguardian.com/technology/2021/may/28/police-find-bitcoin-mine-using-stolen-electricity-west-midlands The best part is the drug squad was onto them because a bunch of janky wiring, ventilation and suspicious heat == people growing weed
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# ? May 28, 2021 22:20 |
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Potrzebie posted:In Sweden we're basically done with physical money all together. Less than 10% use cash for payments. People use any NFC-enabled devide, or the super popular mobile payment SWISH with instant bank to bank transfers up to USD 30.000 with a weekly max of 120.000. It's getting to the point where our central bank is preparing for a future just a few years away, with 100% digital money. Yeah this has been murder on our still considerable portion of beggars. These days I hold on to any 20 skr bills or any coins I get just for them cos yeah, my physical cash transactions are like, a couple of times a year now. My dad still uses cash as preference, I think he feels he can mentally keep track of how much he's spending then. Which, tbh, fair. Just automagically paying by vaguely waving your card over something does sometimes make it harder for the money you spent to feel 'real' to me.
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# ? May 29, 2021 16:12 |
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NLJP posted:Yeah this has been murder on our still considerable portion of beggars. These days I hold on to any 20 skr bills or any coins I get just for them cos yeah, my physical cash transactions are like, a couple of times a year now.
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# ? May 29, 2021 16:36 |
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The street people in my town just started writing their cashapps on their signs. Do people not do that everywhere?
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# ? May 29, 2021 17:09 |
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It looks like people actually want to buy things over Memorial Day weekend, so they're selling their Bitcoin and we're down into crash territory again.
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# ? May 29, 2021 19:04 |
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Razorwired posted:The street people in my town just started writing their cashapps on their signs. Do people not do that everywhere? What's cashapp?
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# ? May 29, 2021 19:06 |
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busalover posted:What's cashapp? A streamer compound : https://www.youtube.com/watch?v=h4SMSCKOXO8 edit: Also Totino's fortnight training room Bleusilences fucked around with this message at 19:23 on May 29, 2021 |
# ? May 29, 2021 19:21 |
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https://twitter.com/cz_binance/status/1399195759140954112
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# ? May 31, 2021 15:32 |
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"most" """""efficient"""""
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# ? May 31, 2021 15:34 |
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I bet Satoshi Tajiri really regrets inventing BitCoin now!
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# ? May 31, 2021 16:21 |
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I always wonder, when I see statements like that, whether the person is being disingenuous or really is that stupid.
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# ? May 31, 2021 16:33 |
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The international banking system, which serves billions of people, uses TWICE AS MANY resources as this thing a few hundred thousand people use. Check and mate, nocoiners.
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# ? May 31, 2021 16:40 |
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Megillah Gorilla posted:I always wonder, when I see statements like that, whether the person is being disingenuous or really is that stupid. the last 4 years has been definitive proof that the answer to this question is frequently "both" a dumb person who thinks they're super-smart will lie when it's convenient, and then get retroactively fooled by their own lies
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# ? May 31, 2021 16:54 |
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Mad Dragon posted:The international banking system, which serves billions of people, uses TWICE AS MANY resources as this thing a few hundred thousand people use. Check and mate, nocoiners.
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# ? May 31, 2021 17:30 |
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Klyith posted:the last 4 years has been definitive proof that the answer to this question is frequently "both" And these people run the world.
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# ? May 31, 2021 17:53 |
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Coinbase sponsored a chess tournament that started at BTC 50k and the gimmick is that the prize pool is 2 BTC worth of cash. The prize pool went from over 100k down to 50k during the 7 day tournament and now recovered to 70k. Nice advertisement for a wonderful investment vehicle.
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# ? May 31, 2021 19:01 |
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Retirement instrument.
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# ? May 31, 2021 19:19 |
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six transactions per second isn't even remotely efficient lol
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# ? May 31, 2021 19:49 |
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current status: solving the complex mathematical problem of making two dice land on snake eyes
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# ? May 31, 2021 20:01 |
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Hahaha, these loving replies. Jesus. https://twitter.com/JeffKirdeikis/status/1399196923886596100?s=19
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# ? May 31, 2021 21:29 |
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scopes posted:Hahaha, these loving replies. Jesus. Is that using the energy use of the total economic output of the world when using bank transactions?
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# ? May 31, 2021 21:51 |
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Lol, only approved people can reply. They know full well they're going to get dunked on and don't want any rubes getting turned off the grift.
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# ? May 31, 2021 22:33 |
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catspleen posted:Is that using the energy use of the total economic output of the world when using bank transactions? That scale says the banking system uses a total of 640MWh /yr so I think it's just pulled entirely out of an rear end. Like, that is just an impossibly low number, that's one power plant running for 45 minutes e: at current hashrates the bitcoin network burns that every 00:02:07.78 if we generously assume all of it is running the most efficient hardware available shame on an IGA fucked around with this message at 23:33 on May 31, 2021 |
# ? May 31, 2021 23:24 |
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Doctor_Fruitbat posted:Lol, only approved people can reply. They know full well they're going to get dunked on and don't want any rubes getting turned off the grift. Can't have any leaks in this echo chamber.
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# ? Jun 1, 2021 00:54 |
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With China banning bitcoin mining we should see more hashpower moving to North America where Elon has committed with miners to using renewable energy. So bitcoin is actually driving renewable and green energy, pog.
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# ? Jun 1, 2021 01:22 |
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I'm glad the US has hit the point where we have so much renewable energy that we can just waste it on nothing.
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# ? Jun 1, 2021 01:25 |
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Like this is such a transparently idiotic thing to say that it doesn't deserve rebuttal, only endless mockery for being the stupidest thing I've read today, in a day full of idiotic statements by moronic buttcoiners.
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# ? Jun 1, 2021 01:45 |
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salt shakeup posted:With China banning bitcoin mining we should see more hashpower moving to North America where Elon has committed with miners to using renewable energy. So bitcoin is actually driving renewable and green energy, pog. What exactly is using up that renewable energy going to "drive," salt shakeup? E: Like, do you think that Elon Musk, the emerald mine idiot failson, is going to actually use some of his immense wealth to, say, actually build a wind farm, or a geothermal plant, or solar panels? Do you think that he'll let a lack of renewable energy stop him from mining? Somfin fucked around with this message at 02:08 on Jun 1, 2021 |
# ? Jun 1, 2021 02:00 |
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shame on an IGA posted:That scale says the banking system uses a total of 640MWh /yr so I think it's just pulled entirely out of an rear end. Oh yeah lol I just completely misread/my brain inserted something mildly competent or realistic like GWh
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# ? Jun 1, 2021 02:24 |
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salt shakeup posted:With China banning bitcoin mining we should see more hashpower moving to North America where Elon has committed with miners to using renewable energy. So bitcoin is actually driving renewable and green energy, pog. how many times are these coiner dummies going to get played by elon's lies lmbo
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# ? Jun 1, 2021 03:46 |
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salt shakeup posted:With China banning bitcoin mining we should see more hashpower moving to North America where Elon has committed with miners to using renewable energy. So bitcoin is actually driving renewable and green energy, pog. No. https://arstechnica.com/tech-policy/2021/05/private-equity-firm-revives-zombie-fossil-fuel-power-plant-to-mine-bitcoin/
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# ? Jun 1, 2021 07:36 |
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Bronze Fonz posted:I've been queuing for my transaction for ages. I have the strangest feeling someone is Goxxing me
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# ? Jun 1, 2021 08:28 |
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CaptainSarcastic posted:No. I have to say when I saw this I found it hilarious. Literally the most wasteful option. I mean there are even actual Bitcoin mining warehouses around the US that do try to focus on renewables but instead someone went "gently caress this earth let's mine some bitcoin"
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# ? Jun 1, 2021 10:10 |
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So that chart seems to show the global banking structure using approximately 10x the amount of energy as the Bitcoin network. The Global banking structure deals with approximately 3,209x the amount of transactions that Bitcoin could theoretically deal with. I think I know which one is more efficient.
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# ? Jun 1, 2021 10:32 |
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# ? Apr 28, 2024 04:54 |
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notwithoutmyanus posted:I have to say when I saw this I found it hilarious. Literally the most wasteful option. I mean there are even actual Bitcoin mining warehouses around the US that do try to focus on renewables but instead someone went "gently caress this earth let's mine some bitcoin"
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# ? Jun 1, 2021 14:25 |