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goo_oober

-4 karma · joined February 2, 2024

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goo_oober··on Over 2 percent of the US's electricity generation now goes to Bitcoin
I'd really like for this to NOT BE TRUE. But let's say that it is. People running bitcoin miners 24/7 are using electricity, which keeps the electric company PROFITABLE. Why is that a bad thing?

I know that the shampoo manufacturers would just LOVE it if I bought 10 million bottles of shampoo and poured them straight down the drain. Oh, the sales figures are doing great! Number goes up!

I know that the Mountain Dew manufacturers would absolutely LOVE it if I bought 20 million 2-liter bottles of Mountain Dew every day.

So, BITCOIN is making capitalism PROFITABLE. Discuss why anyone should think this is a bad thing.