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by super256 1197 days ago
Why do you think Bitcoin does not have useful results?
3 comments

Bitcoin has a use, but there are other options for consensus algorithms that don't waste as much energy as the citizens of a medium sized country and fill the same user case (and other expanded use cases). Why not just do that?
Strictly speaking, the comment you're replying to doesn't say which of the two is a contest to waste resources and which has potential to have useful results.
I assumed that this was doubling down on atleastoptimal’s view.
Can you cite an useful result? I can't but I don't think that some people getting richer is useful.
https://www.elliptic.co/blog/live-updates-millions-in-crypto...

https://www.cnbc.com/2022/03/23/ukrainian-flees-to-poland-wi...

In general, the purpose of Bitcoin is not to get rich, but to have a currency that is universally accepted and not tied to a political party’s fiscal decisions.

In general, so is the Federal Reserve.
Sure: I can buy servers and domains anonymously and buy drugs online, which are illegal in my country.