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by tracedddd 1924 days ago
It’s getting old seeing the same posts with no new data or analysis day after day.

I get that people feel this is important, or perhaps are excited to share something wrong with Bitcoin, but I’d be surprised if 99% of the regular visitors to this site haven’t heard about Bitcoin’s energy use and perhaps heard some counterarguments already several times.

It really does seem like a grudge more than a genuine care. For example, you can often find some of the same accounts parroting cherry picked takes or intentionally misleading comparisons in the comments.

1 comments

I felt the same way as well, but you know what they say: all publicity is good publicity. If you parrot the same thing over and over, some people may get interested, why other people are so angry....it's because they are nocoiners.
"Everyone who has a problem with bitcoin is a nocoiner" is bullshit and you know it.

I have money invested in cryptocurrencies, and still don't like that it's an incredible waste of energy.

I accept it as a part of the system / algorithm.

People would prefer if Matrix multiplication was O(n^2) algorithm (which would get rid of a lot of waste resources in the datacenters), but people accept that it takes more resources.

What I don’t accept is the amount of lies that people say about Proof of Stake algorithms being an improvement over Bitcoin’s current protocol without any security compromise.

If I see an algorithm that is less costly while giving the same security as Bitcoin, I will evaluate it, but the amount of shaming that I get for paying miners a seignorage to secure my money is what I don’t have to tolerate.