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by randomhodler84 1740 days ago
Agree with parent, I think you might not understand what is going on.

At what point would you admit you are wrong? $100K/BTC? $1M/BTC? I will gladly accept that I got it wrong at $0/BTC, hell I’d go as low as $100/BTC. Who is going to be correct?
1 comments
AnimalMuppet 1740 days ago
"Waste" is not disproven by "high price". "Waste" (in this context, at least) would be disproven by bitcoin fixing much of javert's second through fifth paragraphs. My money is on "waste", no matter what the price does.
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randomhodler84 1740 days ago
Yeah see you don’t get it :-) one mans waste is another mans gold. Basically you don’t want to accept others value things differently than yourself, right?
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AnimalMuppet 1740 days ago
If you "value things differently", that's fine. Some people value bitcoin; some value gold, some value Andy Warhol paintings. And that's fine. "It's differences of opinion that make horse races."

But javert laid out this grand vision of what bitcoin was going to do for us, and it was considerably more than "be a good investment" or "be something that people like". And he implied I was too stupid to understand it, which is... not cool. I understood exactly what he said the case for bitcoin was. I remain skeptical that it's going to achieve that, ever.

And if it doesn't, then... it's a waste in terms of the lofty goals that bitcoin proponents have stated, no matter how people valued it financially.

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javert 1740 days ago
> And he implied I was too stupid to understand it, which is... not cool

I'm sorry. I don't think you're too stupid.

It's just that at this point, "Bitcoin is a waste of electricity" comes across as trollish behavior. We've all seen that a million times. It's been explained a million times why that arguably isn't the case. So either engage with the actual argument people are having, or don't say anything.

Saying "bitcoin is a waste of electricity" doesn't contribute to the conversation at all anymore. It's the exact equivalent of posting a comment that says "boo bitcoin" or "bitcoin sucks."

So yeah, if you say that, I'm going to poke at you. And then I'm going to give you the actual argument, in case you haven't seen it. As I did.

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