Viewing profile — bitcoinmonger2

My thoughts exactly. Amazing that you can send almost any amount you want (up to £1 million) to another county and that it can arrive in just a matter of days. Plus there is the ad…

> For all the hype about a revolutionary innovation, cryptocurrencies themselves do not appear to be designed to meet any need in the finance space that is currently not being met …

It's interesting how they disparage cryptocurrency by defining it as not being a "currency" and having no utility, yet advise banning it as it competes as a currency to the Rupee.

Web3 is a fraud. There are no intelligent people working in this space. It is a giant Ponzi scheme run by tech bros who have no material experience working for major companies or c…

If more countries ban crypto mining we can successfully perform a 51% attack and destroy the value of Bitcoin, which should eradicate this useless and wasteful technology forever. …

> It is not a stretch to imagine that in the not too distant future, somewhere in the world, a cryptominer will be publicly executed in front of a cheering crowd. It's not what I w…

Another salient and damning article by Stephen Diehl. I would recommend anyone who uses cryptocurrency to read through his work and reconsider your position. It's a bresh of fresh …

Good to see a goverment take a stance against individuals who choose to use the SHA256 algorithm without permission. I hope to see more goverments prevent individuals from performi…

https://mobile.twitter.com/smdiehl/status/135086994488866406...

Why are we no longer having a discussion about the environmental impact of Bitcoin? A technology designed solely to burn fossil fuels has no place in society. How is the price stil…

I had a large amount of savings in Bitcoin in September 2020. However, after reading the salient arguments against Bitcoin made by Stephen Diehl on his Twitter account, I liquidate…

I don't know how anyone can defend cryptocurrencies after reading this lucid argument. I hope this provokes more discussion on the problem. Excellent work again from Stephen Diehl.…