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re: Bitcoin not Carbon Friendly
Posted on 5/13/21 at 8:57 am to Bmath
Posted on 5/13/21 at 8:57 am to Bmath
You’re the one deflecting from Elon’s quote which is in the OP.
He talks about fossil fuels and coal being used. You then move the goalposts when its pointed out that a huge portion is renewable energy (hydro).
Im sorry the dams weren’t built in a way that is to your liking. Wind farms kill birds too, so i guess those count as fossil fuels and coal too? Better go buy some land, you’re about to run out of room for goalpost moving.
He talks about fossil fuels and coal being used. You then move the goalposts when its pointed out that a huge portion is renewable energy (hydro).
Im sorry the dams weren’t built in a way that is to your liking. Wind farms kill birds too, so i guess those count as fossil fuels and coal too? Better go buy some land, you’re about to run out of room for goalpost moving.
1
Posted on 5/13/21 at 8:57 am to Aubie Spr96
There is only one reason for this and it’s to boost another coin or that is. Which one is it?
Posted on 5/13/21 at 8:58 am to JayDeerTay84
quote:
All you do is watch TV and kill the environment with no value add!
Land of the free.Posted on 5/13/21 at 9:00 am to Bmath
quote:
Land of the free.
I dont disagree. Just pointing out the error.
This post was edited on 5/13/21 at 9:01 am
Posted on 5/13/21 at 9:03 am to TrueTiger
quote:
California is connected to a lot of hydro, but last summer they ran short.
If those (insert any industry that uses electricity) had not been there, Californians might have had power for their homes.
Why are you picking on Bitcoin? Why not the porn industry? Or Gambling? Or the wine industry? Or movies?
Is one group more entitled to electricity than others? Did the miners pay for their electricity?
Posted on 5/13/21 at 9:04 am to LSUnation78
quote:
You’re the one deflecting from Elon’s quote which is in the OP.
No, because I didn't even respond to that comment. Again, I was calling out the OP for the ridiculous statement at the end.
quote:
Wind farms kill birds too
Domestic cats kill far more birds than wind farms.
How am I moving the goalpost? Someone mentions the merits of "green" hydro-electric dams. Yet, in reality those dams wore constructed in a very destructive fashion.
Green energy is not always as environmentally friendly as it appears. Just like strip mining for minerals needed to make EV batteries.
Posted on 5/13/21 at 9:04 am to Bjorn Cyborg
quote:
And that energy cost is part of its value. If it was free to mine, then everyone would do it, and it would have no value.
Got a buddy in Kansas who mines it. Spends a ton on electric bills, and the initial investment for all the equipment he needed.
Now he is knocking down 6 figures and just stays home and hangs out with the family.
I sometimes wish I had the smarts to do that stuff.
Posted on 5/13/21 at 9:07 am to beebefootballfan
quote:
Got a buddy in Kansas who mines it. Spends a ton on electric bills, and the initial investment for all the equipment he needed.
I mine. My electricity added costs are 0.05% of the value I mined month to month.
Posted on 5/13/21 at 9:09 am to Aubie Spr96
FWIW:
Posted on 5/13/21 at 9:09 am to JayDeerTay84
Why is it even referred to as mining any more? You're leasing out equipment to operate a network node. With other crypto technologies you are contributing to the hosting of a decentralized server.
Posted on 5/13/21 at 9:10 am to Bjorn Cyborg
quote:
Did the miners pay for their electricity?
I'm sure they did. And it's legal, along with porn, etc., so I'm down with them doing their thing.
Personally, I question the value of crypto, but that's me.
Ya'll want it, ya'll have at it.
Posted on 5/13/21 at 9:12 am to TrueTiger
quote:
I question the value of crypto
It's evolved to be more about the broad application of blockchain technology and building the next generation of the internet.
This post was edited on 5/13/21 at 9:13 am
Posted on 5/13/21 at 9:12 am to VoxDawg
XRP is not decentralized. Big red flag IMO.
Posted on 5/13/21 at 9:19 am to Bjorn Cyborg
quote:Don't you go asking the real questions now!
The value of the Dollar is tied to oil, and also to the military might of the United States. What is the carbon footprint of that?
Posted on 5/13/21 at 9:23 am to VoxDawg
If I wanted something that wasn't decentralized, I'll just keep using the legacy system we have today. The XRP coin isn't even needed to utilize their network. Way too many red flags with that project.
Posted on 5/13/21 at 9:26 am to Aubie Spr96
Elon is all in on DOGE and shorting Bitcoin. He knows people will follow his lead and he will make a shite ton of money. Then he'll pull out and crash DOGE, just for the LOLs
Posted on 5/13/21 at 10:13 am to diremustang
Tesla is continuing to hold Bitcoin, if they truly believed the statement put out they would sell it all. They backed themselves into a corner when they announced accepting it for payment without converting it to fiat. This gets them out of that with the convenient energy consumption argument that has become a popular talking point.
Posted on 5/13/21 at 11:30 am to Nguyener
quote:
There is only one reason for this and it’s to boost another coin or that is. Which one is it?
Anyone figure this out yet? Where’s Elon’s money?
Posted on 5/13/21 at 11:41 am to Aubie Spr96
So you now have the socialists in the US govt going after BTC. Next up, The environmentalists. BTC is not long for this world my friends.
Arent they now down $10,000 from their very recent highs? Its only just begun.
Gotta clear that path for the soon coming GovCoin
Arent they now down $10,000 from their very recent highs? Its only just begun.
Gotta clear that path for the soon coming GovCoin
Posted on 5/13/21 at 11:52 am to rumproast
He said they're not selling their stack. Just waiting for it to get the greenie stamp of approval.
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