O_i

joined 2 years ago
[–] O_i@lemmy.world 5 points 1 day ago

I funded my entire gaming pc with bitcoin, I believe they still accept it

[–] O_i@lemmy.world 0 points 1 day ago

Bitcoin is the only cryptocurrency worth owning really. All the pump and dumps/rugpulls you hear about are about “shitcoins”.

Plus word is Square and PayPal will start to implement bitcoin payments to their services very soon

[–] O_i@lemmy.world 0 points 4 days ago

Nope not what I’m saying

[–] O_i@lemmy.world -1 points 5 days ago (1 children)

Oof yeah I looked back and noticed I’m arguing on memes😵‍💫 it’s amazing we’re on the fediverse but they can’t see the parallels

[–] O_i@lemmy.world 1 points 5 days ago

I’ll see if I can link it but some companies do, I think specifically it has to do with renewable energies but don’t quote me on that

[–] O_i@lemmy.world 1 points 5 days ago

BTC can be used like fiat so no?

[–] O_i@lemmy.world -3 points 5 days ago

Many would argue that there needs some distinction between them. The ongoing joke is “Shitcoin” as many have abandoned the benefits of bitcoin.

[–] O_i@lemmy.world -4 points 5 days ago (10 children)

I think I haven’t explained myself properly. I will admit it seems bitcoin uses more energy in this case. However, we’re comparing Bitcoins entire currency system with that of a processor of fiat. I’m on mobile right now but I would like to see that comparison for arguments sake, bitcoin ecosystem vs fiat ecosystem (including mining, storing and transport of gold)

[–] O_i@lemmy.world -1 points 5 days ago (1 children)

I agree, but it’s still early days. I’ll keep pushing for a greener development of the network, too

[–] O_i@lemmy.world 2 points 5 days ago (1 children)

I do see where you’re coming from for sure. I just think it’s worth noting where it is and where it’s going given it’s managed to grow to 52% in an anti bitcoin world. If bitcoin allows to be “legitimatised” I think those goals are achievable

[–] O_i@lemmy.world -5 points 5 days ago (31 children)

Compared to our current system though? How much does the entire banking and credit card industry contribute to emissions for almost the same service? Bitcoin incentivises energy companies to mine BTC with excess energy.

 

Has anyone noticed a large decline in Lightning nodes? I would think we should be beefing up the network for the halving

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