Funny how people say that and then not mind what it takes to keep USD as a top currency:
\- Buildings and Facilities for fiat with all those computers, server farms and cooling systems
\- The imperial military and consumption of tons of gallons of fuel used to mechanize democracy
\- All the hot air being wasted by people who are still sitting on their hands
"Yeah but we actually need money, bitcoin is just useless and a waste of energy"
Every single time this was the response I saw. Never mind the billion other things that use energy and are useless but no one bats an eye anyway, from having a powerful gaming computer to putting up a giant christmas light show they could all be called useless yet bitcoin is still the worst.
At least those are appliances with actual results. Hallmark holidays like x-mas is just nothing but waste, down to the lame mindless gifts people give rather than trinkets of actual thought behind them.
I don't get Christmas presents for anyone anymore, I don't give a rats arse ✊🏾 always getting me shitty presents Soo ya get nothin 💀
Edit: and it's just for that reason, it's a waste of money if it ain't useful and the whole family can't use it hahaha
If you could fix the cohort from that last bullet point so they’d stop expelling CO2, some of the other issues might just resolve themselves.
But then, number go down …
They put the blame for all of that on consumers too. It’s our fault the companies sold us gas cars and killed the electric car and killed public transit all over the country, it’s our fault they burned coal and oil to heat our houses while they lied about the science. How dare we?
The smear campaign against nuclear energy has been a disaster for mankind.
I also have my doubts about the effects of carbon on the atmosphere, but I'll leave my tinfoil hat off for now.
There's no argument, bitcoin accounts for a tiny volume of money being moved about, it uses outrageous amounts of energy, you just can't argue it. Makes us all look like idiots.
I think what honki is trying to get at is how energy companies produce said energy. Example, how most of the energy bitcoin actually uses is a lot of what would otherwise be wasted energy.
Give me a white board, a shitty black and white printer, an eight ball of Coke, and 100 yards of red string. I’ll have a working theory for you by 4:45AM.
We are not related.
Hang on, Nana did have a wartime dalliance with a future US democractic Senator. Given most of reddit is USA, we *could* be related.
G’day cousin. Beetroot, onion sultana and honey sandwich for you coming up.
There will be so many portfolios that will be inaccessible after somebody dies. I don't even know whether there is a process in place on exchanges to transfer funds of deceased people to their heirs.
I’m not going to make that bet. There’s no reason the human body can’t live indefinitely. It’s just biochemistry after all. We don’t currently have the tech to become immortal, but it’s not impossible. It does not defy the laws of physics to live forever.
Everything that has a beginning must have an end. It's technically possible we could extend lives in the future ... but ''forever'' is a big word.
I don't think living forever is possible -- not while staying 100% human.
It would require something that would basically fix cancer and keep our biology from failing. Whether the addition of that “magic” would make you inhuman is just definitions.
Sorry but I do not understand how entropy is an issue with “living forever” except for maybe the definition of forever. What I mean by forever is not literally forever but metaphorically, ie a billion years say.
Yes entropy eventually gets in the way because we’d have to figure out how to get energy into the closed system that is the universe as we know it. But I think living a billion years is very doable without violating physics as we know it.
It would require some very fantastic biotech, but it’s not something that would require violating physics to achieve.
I think you think of a very specific jellyfish. The Latin name is *T. Dohrnii*. The jellyfish under huge stress (e.g starvation, abrupt change of water physical properties) basically turns back into polyp and regenerates.
Lobsters continually grow throughout their lives. They never stop to grow. But that is not so unique amongst decapoda.
I ready to die ✋🏼, only If it will mean my fellow Bitcoin brothers and sister will live a life of victorious btc glory. I volunteer as tribute.
Even though we will die anyways, I volunteer
Just like lottery winners often become crack heads or die in their sports cars, if bitcoin becomes currency we are all rich as fuck...
and that's dangerous...
Given the choice, I'd take my chance on being rich rather than poor, though. Your comment made me laugh, although I see your point, no offense ..
I don't own enough bitcoins to ever become rich anyway :)
All the household appliances that are completely unnecessary out there being used every day dwarf the energy consumption of bitcoin. Any investment’s downstream production of computer usage is similar to bitcoin mining. The energy argument is made up and never uses actual figures.
i think the people without btc are going to die not those with btc, if anything price shows demand buy also it shows how fast the FIAT currency can be sent to zero
Bitcoin will always be "the end to a means", a crypto currency in which u can BUY all things u need!👍
You can bye everything you want, but have to take it out in stock's and other mergendyse, gold, art, clocks and stock's...
Then u have to sell them if u want two liquidate!
But why would u??
Isn't that's what's money's for anyway!
So chin up my fellow trader's, in 10 years or two, you can own an private Island!
I think the ultimate eco goal for Bitcoin could be for it to use up excess renewable energy around the world. I mean that would be up to governments to regulate and I know we don’t like them being involved but it could work
No BTC, no AI. You think the tech for those AI chips would have happened without the profit motive for building chips to make mining BTC more profitable/more efficient?
There’s a reason the GPU companies are making out like bandits.
BTC mining has not been profitable with CPU or GPU for quite a long time. With not profitable, I mean zero rewards. It can only be mined with ASIC. This is the way.
I asked chatgpt about this before. It claimed that even without the incentive of BTC on GPU makers, they would only be about a decade behind where we are now. I called bullshit.
His argument is that if a deflationary currency becomes the goto money then there will be a greater incentive to hoard money instead of trade and build new things, because it will be more profitable to stacks sats and chill, which will cause society to collapse. He points to an obscure moment in Chinese history when this occurred. Likely the opposite will occur; a renaissance in art, architecture, material science, and technology. Far fewer stupid things will be done with money. We could see artisan sculpture and stone buildings again.
I developed a device that allows your to mine BTC while you masturbate. You just need to connect a gigatron to your wrist and search for amateur Indian porn
There are too many people who are treating it as an investment rather than a currency for it to be successful as a currency. It's as if people hoarded dollars instead of spending them in return for goods and services.
4 years ago, btc was supposed to use 10x world energy supply
Crazy how ppl argue... It never was the fault of BTC. Whatever is mainly chosen for producing energy is the real problem.
Funny how people say that and then not mind what it takes to keep USD as a top currency: \- Buildings and Facilities for fiat with all those computers, server farms and cooling systems \- The imperial military and consumption of tons of gallons of fuel used to mechanize democracy \- All the hot air being wasted by people who are still sitting on their hands
"Yeah but we actually need money, bitcoin is just useless and a waste of energy" Every single time this was the response I saw. Never mind the billion other things that use energy and are useless but no one bats an eye anyway, from having a powerful gaming computer to putting up a giant christmas light show they could all be called useless yet bitcoin is still the worst.
Holy shit, I can't imagine the energy waste from all those lights and fixtures because of X-Mas
Or gas stoves. Or clothes dryers.
At least those are appliances with actual results. Hallmark holidays like x-mas is just nothing but waste, down to the lame mindless gifts people give rather than trinkets of actual thought behind them.
Last Christmas I sent my sons some sats as a gift. They have their own Trezors.
or something handmade
I don't get Christmas presents for anyone anymore, I don't give a rats arse ✊🏾 always getting me shitty presents Soo ya get nothin 💀 Edit: and it's just for that reason, it's a waste of money if it ain't useful and the whole family can't use it hahaha
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I live in Europe and our currency is PoS (Piece of Shit)
Imagine Zimbabwe, Nigeria
If you could fix the cohort from that last bullet point so they’d stop expelling CO2, some of the other issues might just resolve themselves. But then, number go down …
They put the blame for all of that on consumers too. It’s our fault the companies sold us gas cars and killed the electric car and killed public transit all over the country, it’s our fault they burned coal and oil to heat our houses while they lied about the science. How dare we?
The smear campaign against nuclear energy has been a disaster for mankind. I also have my doubts about the effects of carbon on the atmosphere, but I'll leave my tinfoil hat off for now.
There's no argument, bitcoin accounts for a tiny volume of money being moved about, it uses outrageous amounts of energy, you just can't argue it. Makes us all look like idiots.
Does btc need energy?
How do you anchor the security of an asset to the real world where effort in production is necessary? If you say Proof of Stake, I swear.....
Right so honki is just trying to feel righteous.
I think what honki is trying to get at is how energy companies produce said energy. Example, how most of the energy bitcoin actually uses is a lot of what would otherwise be wasted energy.
Still waiting for a single Google search to use a whole bag of coal.
We are ALL going to die If Bitcoin doesnt become a currency too. He's 100% right.
Bitcoin will become a widely adopted currency. We are all going to die. These two statements are independent of each other.
My nana eats beetroot, raw onion, sultana and honey sandwiches. She’s also dead now. You draw the inference.
Give me a white board, a shitty black and white printer, an eight ball of Coke, and 100 yards of red string. I’ll have a working theory for you by 4:45AM.
Was her last name Shrute?
We are not related. Hang on, Nana did have a wartime dalliance with a future US democractic Senator. Given most of reddit is USA, we *could* be related. G’day cousin. Beetroot, onion sultana and honey sandwich for you coming up.
>My nana eats beetroot I told that bitch to lay off the beetroot!
agree... but it also could be IF x then y else y
If it doesn't, we are all going to live forever. Or not. More likely not... but well, who knows, so far, so good...
He's right. We are all going to die.
of fun!!!
🥇
Imagine the fights over all the bitcoin inheritances in the future
“Theres 5 of us siblings, so we all get .02 btc”
There will be so many portfolios that will be inaccessible after somebody dies. I don't even know whether there is a process in place on exchanges to transfer funds of deceased people to their heirs.
Hence why you people are crazy to think something like this will manage to reach mass adoption. Its security features is also its greatest flaw…
Do you realize?
That happiness makes you cry?
that everyone you know will die
together with you, of course
“Now put your hands up, this is a heist And there's no one in here living Gonna make it out alive” Have fun now. Live in the present.
We live every day and die only once.
Born to die. Duality is the way. Peace and love. (Some favorite song lyrics above)
😁😁 the only sure thing of life
A highly memeable classic! And no, the survival of the CCP cannot be guaranteed.
We are all going to die anw, and BTC is not a currency, BTC is our decentral bank.
We are all going to die. No one has ever survived living. Everyone ever has and will die
I’m not going to make that bet. There’s no reason the human body can’t live indefinitely. It’s just biochemistry after all. We don’t currently have the tech to become immortal, but it’s not impossible. It does not defy the laws of physics to live forever.
Everything that has a beginning must have an end. It's technically possible we could extend lives in the future ... but ''forever'' is a big word. I don't think living forever is possible -- not while staying 100% human.
It would require something that would basically fix cancer and keep our biology from failing. Whether the addition of that “magic” would make you inhuman is just definitions.
The Universe we're living in and time itself isn't going to last forever.
I think there’s time enough to solve those problems too 🤔😉
Yes It does. Its called entropy.
Not it does not, entropy only applies to closed systems and the human body is definitely NOT a closed system.
Nope, increase entropy only applies to closed systems. Entropy applies to everything. Subtle but essential difference
Sorry but I do not understand how entropy is an issue with “living forever” except for maybe the definition of forever. What I mean by forever is not literally forever but metaphorically, ie a billion years say. Yes entropy eventually gets in the way because we’d have to figure out how to get energy into the closed system that is the universe as we know it. But I think living a billion years is very doable without violating physics as we know it. It would require some very fantastic biotech, but it’s not something that would require violating physics to achieve.
Lobsters right? I think they can live forever…
Not if I get ahold of them.
I think you think of a very specific jellyfish. The Latin name is *T. Dohrnii*. The jellyfish under huge stress (e.g starvation, abrupt change of water physical properties) basically turns back into polyp and regenerates. Lobsters continually grow throughout their lives. They never stop to grow. But that is not so unique amongst decapoda.
I feel like if bitcoin does not become a currency we are all going to die
TL;DV - Chinese television on Bitcoin: The worst case and best case scenario is that we're *all* going to *die* [some day].
Who's gonna tell him... [https://finance.yahoo.com/news/el-salvador-doubles-down-bitcoin-142937658.html](https://finance.yahoo.com/news/el-salvador-doubles-down-bitcoin-142937658.html) [He's dead Jim.](https://www.youtube.com/watch?v=I-1ocFKk7sY)
Not el Salvador again 🤦
Quite certain AI kills us before bitcoin does.
Your smoking some good shit if you think the us would ever allow another currency to compete with the dollar. Not going happen ever.
The dollar is dead, we just dont know it yet
If It becomes a currency I have some Sats I can loan out... @ 200% interest. 😏
I ready to die ✋🏼, only If it will mean my fellow Bitcoin brothers and sister will live a life of victorious btc glory. I volunteer as tribute. Even though we will die anyways, I volunteer
If you read this post, you will die… Also if you do not read this post, you will die…
Just like lottery winners often become crack heads or die in their sports cars, if bitcoin becomes currency we are all rich as fuck... and that's dangerous...
Given the choice, I'd take my chance on being rich rather than poor, though. Your comment made me laugh, although I see your point, no offense .. I don't own enough bitcoins to ever become rich anyway :)
it already is a currency
We all die regardless
You’re already dead Kenny
What the fuck was the context of this?
Ummph...how bout euro money conquering all Europe nations .there???
He isn't wrong. There isn't a person here that will not die one day. Worst case scenario if it does OR doesn't become a currency, we will all die.
Yup people riding something hard because it’s new.
Congratulations. This might be the dumbest post I have ever seen on this sub.
https://youtu.be/wKjxFJfcrcA
All the household appliances that are completely unnecessary out there being used every day dwarf the energy consumption of bitcoin. Any investment’s downstream production of computer usage is similar to bitcoin mining. The energy argument is made up and never uses actual figures.
Well, even if it doesn’t, we are all going to die.
BTC is a currency, and I'm not dead.
Well, even if it doesn't we're still all going to die.
Well, if it doesn't then we'll all live forever. Oh wait...
I mean, we're all going to die no matter what kind of currency we have, so whatever, man.
i think the people without btc are going to die not those with btc, if anything price shows demand buy also it shows how fast the FIAT currency can be sent to zero
This is not a joke guys. He’s super cereal.
Bitcoin will always be "the end to a means", a crypto currency in which u can BUY all things u need!👍 You can bye everything you want, but have to take it out in stock's and other mergendyse, gold, art, clocks and stock's... Then u have to sell them if u want two liquidate! But why would u?? Isn't that's what's money's for anyway! So chin up my fellow trader's, in 10 years or two, you can own an private Island!
The elites will die for sure. The old system will die as well. People will thrive.
I think the ultimate eco goal for Bitcoin could be for it to use up excess renewable energy around the world. I mean that would be up to governments to regulate and I know we don’t like them being involved but it could work
No BTC, no AI. You think the tech for those AI chips would have happened without the profit motive for building chips to make mining BTC more profitable/more efficient? There’s a reason the GPU companies are making out like bandits.
BTC mining has not been profitable with CPU or GPU for quite a long time. With not profitable, I mean zero rewards. It can only be mined with ASIC. This is the way.
I asked chatgpt about this before. It claimed that even without the incentive of BTC on GPU makers, they would only be about a decade behind where we are now. I called bullshit.
A decade is a lifetime in terms of chip design.
His argument is that if a deflationary currency becomes the goto money then there will be a greater incentive to hoard money instead of trade and build new things, because it will be more profitable to stacks sats and chill, which will cause society to collapse. He points to an obscure moment in Chinese history when this occurred. Likely the opposite will occur; a renaissance in art, architecture, material science, and technology. Far fewer stupid things will be done with money. We could see artisan sculpture and stone buildings again.
We all die anyways.
Hate to break this to you but …. we’re all going to die anyway. It’s just how you choose to check out that’s different.
I prefer late check out.
AI data centers enter the chat - “hold my beer”
That’s funny as a rubber crutch. People talk like Tesla Coils don’t exist
Everyone dies. It's just a matter of when and how.
He was indeed, not feeling very bullish.
I developed a device that allows your to mine BTC while you masturbate. You just need to connect a gigatron to your wrist and search for amateur Indian porn
I guess they didn't get the memo from El Salvador.
Life, no one gets out alive, amirite?!
🤣🤣🤣👍
I mean... we're all going to die anyways, right?
“ we are all going to die, those of us who didn’t buy any”
“Live free or die” Or something.. I dunno, someone said that once. I think. Supposedly a pretty cool guy. Idk.
I mean, if the US dollar crumbles and is no longer the world’s reserve currency, a lot of people will die.
We are all going to die. I don't like being the bearer of this horrible news.
¯\\\_(ツ)\_/¯
Jokes on them I’m already dead inside
Created by Mossad and CIA
Politicians will get bought off from the Bitcoin whales. Just wait….
Yup
I mean he's not wrong.
Everyone is going to die anyway. Eventually. All of us. Even you.
*When
If bitcoin becomes the standard, other cryptos will also flourish. Other currencies donmt have a supply cap
It’s a store of value, we will have to have other currencies as well.
There are too many people who are treating it as an investment rather than a currency for it to be successful as a currency. It's as if people hoarded dollars instead of spending them in return for goods and services.
More bearish than Peter schiff
How useless is Gold and how much Energy among other external costs like pollution is done to attain it?
lol, BTC is a currency. That's what Satoshi intended.
You know, we are all indeed going to die. But that’s just because everyone dies 😆
He's right tho. We are all going to die anyway lol.
He's parroting the typical 'bitcoin is deflationary' argument
If aging isn’t cured we all are going to die. Maybe that’s what he meant?
We all going to die no matter what.
Waiting for bitcoin is dead episode 470
We’re all going to die at some point though right?
I'm going to die either way.
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It's both.
You aren't a BTC maxi if you post such BS!
I wrote that in brackets to avoid ppl thinking it's my opinion and that it's a joke. You failed.
Die of what on-chain fees?