Or it's just an environmental disaster and the biggest vehicle for fraud in the last 10 years.
Anyone who enjoys living on a habitable planet has a vested interest in the fail of crypto.
It's an environmental burden and we have plenty of those already, no need to invent more. Good riddance!
Is Bitcoin worse for the environment than the banking sector? I know the banking sector handles more than just sending/receiving money (mortgages for example), but people act like the existing system is the poster child for the green movement.
Yes, much worse. Next question?
Certain people take issue with financial privacy, and not being able to regulate other people’s wallets.
I don't tend to associate privacy with an asset whose transactions are recorded in a public ledger for all to see.
Do you support forcing KYC laws onto exchanges? Or the cryptocurrency transaction tracking laws in the EU? I’m looking for a yes or no answer.
Yes. Why should cryptocurrencies allow fraudulent money transfers to North Korea and not banks that can do them more cheaply? Hint: there is no good reason. Regulation will catch up.
A page pulled right out of the anti encryption talking points book. Im glad we agree that you oppose my financial privacy. Redistribution of consequences is fantastic. Surely you support the patriot act too right? Or is that too much consistency to expect out of you?
Do you use bitcoin? What makes you think you have any privacy? Bitcoin is not anonymous; it's pseudonymous. If you're using it, your every transaction can be traced by anyone. That's the opposite of privacy.
I support consistency in regulation. You don't? Of course not, because consistent regulation would demonstrate that your beloved distributed ledger is simply a colossal waste of energy.
Well at least you’re consistent in violating other people’s privacy.
Can you short-sell bitcoin?
You can short sell anything.
Except, don't sell yourself short :-)
I made money in the crypto ponzi scheme. Glad it is on its way out.
I just prefer old fashioned ponzi schemes like Agway and Herbalife
I’m not going to pretend Bitcoin is the bane of human existence, I have a hunch that a majority of the people cheering Bitcoin’s (alleged) rise either is a fraudster or a grifter.
I see what you did there. Agree to disagree, I suppose.