| Yeah thats not interesting or fun to discuss with you when you just bring up thoughts and not any source at all. It is a fact that bitcoin uses energy; There is no source of your claim of bitcoin using 'waste' energy. You also assume that the 'waste' energy exists apparently in areas where they have fully isolated energy grids which would make it impossible for anyone else to use this energy better then bitcoin does; You ignore aluminum melting, data centers, normal households, heating etc. You ignore that energy subsidies exist to support people and are missused by bitcoin miners. You claim bitcoin can store money, which it can do as efficiency as any other commodity out there: gold, shares, a normal bank account; You claim bitcoin can be used to transfer money easily while ignoring that bitcoin itself has this benefit as every other exchange has; It is highly volatile, everything but userfriendly and is uncontrolled; We have a controlled money system not for the fun of it but because the rich people and unfair people tend to move money around uncontrolled; This costs you and me potentially money if tomorrow everyone would move to an anonymouse currency. You can transfer money around the world by western union, paypal, amazon/google giftcards, gift cards, my credit card can buy in every currency; I have bought money from iran, usa, spain, japan without any issues. And you ignore the basic fact, that bitcoin HAS TO BE MINED to be working. It HAS To BE distributed to be working. If only countries with cheap electricity are mining or a majority becomes real, it breaks; It breaks if someone is no longer motivated by earning enough bitcoins through mining as you can't do any transaction any more. The energy price of global economys is not connected to the energy price of bitcoin directly. People will pay the transaction fee as long as they want to be able to do anything with their bitcoins. EU subsidies where not meant to motivate too many people to make energy out of crops; Thats the exact point i was making about subsidies and energy prices. How can you not see this? |