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by emteycz
1959 days ago
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Valid criticism is one thing, but this wave of criticism ignores so many basic facts about Bitcoin mining and energy generation/transportation/storage it's unbelievable. It also ignores the benefits, handwaving them away as if they didn't exist at all (it's all nice and easy for the firstworlders they can't even imagine there's a world without reliable banks, but there is!) while offering no alternative. Why would people use Bitcoin if there was a better alternative, isn't one of the arguments that it costs so much? Try to find out how much does it cost to transfer money to Ghana or Congo by other means and how reliable it is... |
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That is very different than the "HN is so anti-Bitcoin bringing up decade old strawmen" comment I responded to. Perhaps most obviously by the fact that there are many in the crypto community itself that believe the energy usage of BTC is a real problem and are attempting to come up with viable alternatives like proof of stake.