> Bitcoin is saving the world.
It saved my world, and millions of others.
All the things HN pundits love to talk about, but when it comes to actually making the world a better place, people like you become Luddites and naysayers.
HFSP
It saved my world, and millions of others.
All the things HN pundits love to talk about, but when it comes to actually making the world a better place, people like you become Luddites and naysayers.
HFSP
It definitely didn't. It may have made you money, or given you a creative programming outlet, or friends. You could also get that from dealing large amounts of cocaine, but you wouldn't be able to pretend you were a revolutionary.
100 Million people have benefitted from Bitcoin and it's censorship resistant network.
If you can't figure out why this trillion dollar network has value, I can honestly say I am jealous of your financial and anglo centric privilege and hope you never acquire any Bitcoin, you obviously don't deserve it.
How? Be specific.
> [...] but when it comes to actually making the world a better place [...]
How is Bitcoin making the world a better place? Be specific.
> HFSP
I had to look this one up. For anyone wondering, apparently it means "Have Fun Staying Poor".
Improving the lives of 100 million people by giving them a way to save money without a government agency. If you can't figure out why that has value, you're probably are a beneficiary of anglo centric privilege, and in that case I hope you NEVER buy any BTC.
> I had to look this one up.
Remember it. It won't be the last time someone says this to you
"Have Fun Staying Poor" is in my opinion a disgusting remark to make to complete strangers.
I heard Ethereum has a GREAT community, they even do synchronized dances in Unicorn outfits! Also they are moving towards PoS, so it won't boil the oceans like BTC.
You should really look into it! People from SV/HN find it much friendlier than the toxicity in the BTC community.
Please do like the OP and make better FUD so we can clown you in the comments further. Also, Bitcoin is a net-positive for the environment no matter how "mean" people like me are to you. Run the numbers
That's unrelated to it being negative-sum though. Running the numbers on this is trivial. You can only profit from bitcoin by selling it to someone else for more than you paid for it. Inevitably for some people to profit, some people have to lose a corresponding amount. This alone would make bitcoin zero-sum. Some people, miners, are special though in that they are by design always making a profit. That they extract from the network making bitcoin negative-sum.
As a consequence it's positive only for those people who find a loser to sell to, are miners or "shovel" makers (electricity, hardware, ...)
Energy is, at this moment, being overproduced by design
The reason for this is because in case there is an emergency (like a snowstorm in TX) energy producers can switch on overdrive and heat homes.
By increasing the amount of energy capacity we have, we become more resilient to situations that require massive amounts of energy. Society needs an increase in energy production in order to uplift the lifestyle of the world, there is no way around that.