71–80 of 177 posts
One bullet point says: "On average Bitcoin generates 272 g of e-waste per transaction processed on the blockchain." So transactions on exchanges are less wasteful? A deposit from wallet to exchange generates the same pollution? Or is it "only" mined transactions? Does the transaction size matter?
Completely pales next to something as egregious as disposable tech that sells in the millions and only has a lifespan of 2 years tops like AirPods. They will still be washing up on beaches 100 years after every single person involved in their design has passed. Whole electronics industry needs to take this stuff more seriously, we need more replaceable batteries and storage, right to repair on a global level and laws…
Classic whataboutism which also lacks data regarding the comparison. Airpods are an actual physical product. Bitcoin is nothing more than air, speculation. That said, I prefer a smartphone I can open and replace the battery of. I own one, too: Fairphone 3. I'll look forward to the day wireless earpods have replaceable battery. However, we still gotta think about updating the firmware of the chipset.
Completely pales next to something as egregious as disposable tech that sells in the millions and only has a lifespan of 2 years tops like AirPods. They will still be washing up on beaches 100 years after every single person involved in their design has passed. Whole electronics industry needs to take this stuff more seriously, we need more replaceable batteries and storage, right to repair on a global level and laws…
Someone points out a legitimate problem with something, and the "response" is to point out a "bigger" problem with something else. Its not a response, its a misdirection. Changing the subject doesnt work. We have seen this "response" so many times that its laughable. Its like a person who owns large number of shares of Company X and everytime someone brings up the serious problems at Company X she tries to change the…
I'd like to see the comparisons in waste of the Bitcoin ecosystem and the dollar ecosystem.
Earlier quoted context omitted.
Of course. The example wasnt about AirPods but the whole catalogue of consumer electronics bought every year, for sole reason of owning newer version as a social status. Iphones pods pads etc etc.
I get value from using my AirPods while they last. They make my life better. Cryptocurrencies? Great if you got in at the top of the ponzi, but otherwise not.
Bitcoin's popularity in spite of its extreme inefficiency is a testament to the incredible power of network effects in our current economic system. It seems that Bitcoin's price will not stop growing until the monetary system is replaced by Bitcoin. The monetary system appears to be funding its own demise in an unstoppable, predictable, systematic way. It seems that Karl Marx was right when he said that "Unbridled Ca…
https://www.youtube.com/watch?v=b-7dMVcVWgc
Fix the money, fix the world.
One bullet point says: "On average Bitcoin generates 272 g of e-waste per transaction processed on the blockchain." So transactions on exchanges are less wasteful? A deposit from wallet to exchange generates the same pollution? Or is it "only" mined transactions? Does the transaction size matter?
as opposed to how many grams over the regular banking system that is running on networks far less efficient than Bitcoin?
The Industrial Revolution and its consequences have been a disaster for the human race. /sarcasm
Earlier quoted context omitted.
As right as you are, that's besides the point. Bitcoin is waste. Pointing at other, more wasteful sources, is besides the point. Abolish both!
The beautiful thing about Bitcoin is that is it a pure, global, free market writ large. There is absolutely nothing you can do to prevent individuals from choosing to participate in it. Therefore the correct retort to someone like you is to tell you to "cry harder".