Tesla buys $1.5B in Bitcoin, may accept it as payment in the future

Post by ceejayoz » Mon, Feb 08, 2021, 2:16 PM UTC

tchalla wrote: post #188

RasputinsBro wrote: post #150

Earlier quoted context omitted.

"pedo guy" was the thing that broke the camel's back for me. When you have millions of followers and billions of airtime on you, it's absolutely inexcusable to call a random guy a pedo. When he did that my view of him went from a "fake it till you make it" type, to a dishonest and malicious person.

> When you have millions of followers and billions of airtime on you, it's absolutely inexcusable to call a random guy a pedo. The comment from Musk was inexcusable but it didn't come out of nowhere. Elon Musk offered help and Mr Unsworth decided not to use it. In a TV interview, he further labelled it a "PR stunt" and suggested that Musk could "stick his submarine where it hurts". That led Musk to respond with the "…

Post by brenner100 » Mon, Feb 08, 2021, 2:16 PM UTC

Post by fasteddie31003 » Mon, Feb 08, 2021, 2:16 PM UTC

prepend wrote: post #223

fasteddie31003 wrote: post #122

Earlier quoted context omitted.

Then can Etherium 2.0 get some love?

“Hey there, you love the rich getting richer and a perpetual level of Uber rich controlling the financial system that is unbreakable? Then you’re going to love proof of stake.”

Post by randomsearch » Mon, Feb 08, 2021, 2:17 PM UTC

bhouston wrote: post #153

grey-area wrote: post #143

Earlier quoted context omitted.

Yep. GME, SPACs, creative accounting, prices disconnected from earnings. There are so many signs now that we’re living through a bubble, and it may get much worse before it implodes.

The issue is there is so much money to be made in a bubble if you can just get out right at the end -- that unfortunately encourages these things. It is hard to wait on the sidelines while everyone else gets rich -- no doubt there are fortunes to be made in the lead up to the end of the bubble.

Post by brenner100 » Mon, Feb 08, 2021, 2:18 PM UTC

dcolkitt wrote: post #28

exabrial wrote: post #3

Legitimizing Bitcoin more than offsets the environmental benefits of electric vehicles.

What percent of the electricity used by Bitcoin miners is generated by fossil fuels? My impression is that most miners are located to take advantage of locales with very cheap hydroelectric/geothermal or take advantage of subsidized/overbuilt renewables. But I could be wrong. Any data on this?