Using as much energy in a day as the US central bank system uses in a year.
A decentralized payment system might be a good idea, but Bitcoin isn't a viable implementation.
A decentralized payment system might be a good idea, but Bitcoin isn't a viable implementation.
https://twitter.com/danheld/status/1351235080103096331
Disclosure: very large eth miner, using hydro electricity that would have otherwise gone to waste. Generated power is very expensive to transmit. I prefer gpus to asics because at least ethash is constrained to a more widely available piece of re-useable hardware and doesn't require the latest release in order to have the best roi.
Source? I know you are wrong, but I just want to see you talk your way out this...
> A decentralized payment system might be a good idea, but Bitcoin isn't a viable implementation.
Try maybe realizing Bitcoiners, and other alt users have been in trying to circumvent the many issues these legacy systems created in Colorado [0] alone for some time, I know and met a few in the meetups we had in Boulder and some from the early days in Denver that spearheaded lots of these initiatives that would have proven that the election results in Biden's favour were valid. Instead we got this system and people died when idiots stormed the capital.
I think before you even try to make that claim you should consider coming and meeting some of us Bitcoiners in person that have already actually changed legislation and Industry before you say such blatantly wrong things like that behind a keyboard.
Just look at the malaise and the suffering the unemployment debacle has cost our economy and added to the homelessness especially in Denver where it's horrific and has only made a mental health crisis that much worse; and all of this could have been solved with DLT and token system in less than a week if they spent even a fraction in proper work to get all those records in order. Not including the countless amount of money that was lost in fraud...
You want to talk? My fee is $250/hour with 3 hour minimum paid up front, discount available if paid in Bitcoin.
0: https://coingeek.com/denver-to-apply-blockchain-technology-i...
Take him up on this offer, I don't price match. ;)