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by shobith 2231 days ago
"tether bad, so bitcoin bad!"
1 comments

It's not about good or bad. Bitcoin is bad because a transaction takes 700kWh and 87 grams of e-waste. It's staggeringly inefficient because trust is a huge optimization.

Tether is bad. Where it intersects is it can create the impression people think Bitcoin is worth something in dollars.

> It's not about good or bad.

ok

> Bitcoin is bad because...

??

Poorly worded but what I meant was that Tether's shadiness doesn't imply Bitcoin is bad. That, I believe stands on its own merits.