Exnihiloest wrote:@ Lemur
It is necessary that the small speculators have fun. If they bear the brunt of the big guys, they will have had the hope of the big bang, and hope gives life ...
I don't think anyone is fooled by the situation, so it's a choice "between consenting adults". In games of chance, it does not seem to me more amoral than casino games, or worse than the lottery or the trifecta where it is the state that scams.
Christophe wrote:What were we saying in 2018?
Now for those who want to save long term in Bitcoin ... good luck!
They are still speculative tools today ...
Christophe wrote:I no longer defend them ... I believed in a hope to change finance ... villainous finance like speculation on foodstuffs, the finance that creates modern slavery ... but 4 years later nothing has happened. has really changed and when you see how crypto behaves as soon as this Musk c0nn4rd tweets a blow ... No thanks! Ultimately it's even worse than official villainous finance!
El Salvador has just considered bitcoin as a "national currency" ... Good luck to Salvadorans!
Since 2016, Bitcoin has been presented in the international press as an accelerator of ecological disaster. However, when you take a closer look, the power consumption of mining this cryptocurrency is relatively negligible. And in the long term, its development could even promote the energy transition. In its September 2020 issue, Usbek & Rica looked at the subject in an article that we reproduce here in full.
"Some of the major video game consoles, used four hours a day, consume more electricity than all of Bitcoin mining"
...................
"Crypto mining buys surplus hydraulic dams, providing green producers with new financial resources"
...................
If the attraction for gold is deeply rooted culturally, its mining is really catastrophic in ecological and human terms.
In addition to its monetary dimension and its banking function, supporters of Bitcoin see it as an alternative to traditional values, particularly gold. If the attraction for the yellow metal is very anchored culturally, its mining is, for the moment, really catastrophic on the ecological and human level: very high energy bill, pollution of the air, water and earth (mercury , lead, acids), deforestation, huge volumes of waste, not to mention the chronic illnesses of miners in contact with toxic fumes… “By openly disdaining Bitcoin for only holding and buying gold as a store of value, the Bank de France encourages two activities that are devastating for the environment, namely gold mining and gold panning, ”criticizes Pierre Noizat.
Finally, by consuming much less electricity than what is announced, by causing negligible pollution and by promoting the energy transition through the profitability of installations that would be unused without it, Bitcoin, far from being the environmental disaster that 'we kindly describe, could end up appearing as a small ecological miracle.
GuyGadeboisLeRetour wrote:Since 2016, Bitcoin has been presented in the international press as an accelerator of ecological disaster. However, when you take a closer look, the power consumption of mining this cryptocurrency is relatively negligible. And in the long term, its development could even promote the energy transition. In its September 2020 issue, Usbek & Rica looked at the subject in an article that we reproduce here in full.
"Some of the major video game consoles, used four hours a day, consume more electricity than all of Bitcoin mining"
...................
"Crypto mining buys surplus hydraulic dams, providing green producers with new financial resources"
...................
If the attraction for gold is deeply rooted culturally, its mining is really catastrophic in ecological and human terms.
In addition to its monetary dimension and its banking function, supporters of Bitcoin see it as an alternative to traditional values, particularly gold. If the attraction for the yellow metal is very anchored culturally, its mining is, for the moment, really catastrophic on the ecological and human level: very high energy bill, pollution of the air, water and earth (mercury , lead, acids), deforestation, huge volumes of waste, not to mention the chronic illnesses of miners in contact with toxic fumes… “By openly disdaining Bitcoin for only holding and buying gold as a store of value, the Bank de France encourages two activities that are devastating for the environment, namely gold mining and gold panning, ”criticizes Pierre Noizat.
Finally, by consuming much less electricity than what is announced, by causing negligible pollution and by promoting the energy transition through the profitability of installations that would be unused without it, Bitcoin, far from being the environmental disaster that 'we kindly describe, could end up appearing as a small ecological miracle.
https://usbeketrica.com/fr/quel-est-l-i ... de-bitcoin
In short, all that was announced to us was still only the poison coming from the competitors of Bitcoin who tighten the buttocks ...
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