cantsin
Well-Known Member
Bitcoin world is kinda never not fun ime- I follow this cat on twatter, and it's always this sort of stuff ( sometimes with 'Molly' benders thrown in, dodgy trips to Vegas, photos of his ( now) v ripped torso, etc )
Bitcoin discussion and news
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Bitcoin world is kinda never not fun ime- I follow this cat on twatter, and it's always this sort of stuff ( sometimes with 'Molly' benders thrown in, dodgy trips to Vegas, photos of his ( now) v ripped torso, etc )
Idris2002
Christmas Eve, you know?
The mystery is how there were so many buck eejits willing to go along with this one.
beesonthewhatnow
going deaf for a living
8ball
Decolonise colons!
Hahahahahaha
BUY NOW!!! BEST DEALS!!!
beesonthewhatnow
going deaf for a living
NoXion
Craicy the Squirrel
Anyone reposted this cartoon recently so we can laugh at it?
I believe our resident cryptocurrency enthusiast camouflage posted this on the thread at one point. I wonder how he feels about the other comics written and drawn by the same guy.
I believe our resident cryptocurrency enthusiast camouflage posted this on the thread at one point. I wonder how he feels about the other comics written and drawn by the same guy.
Ranbay
The same rules apply
Yeah
cybershot
Well-Known Member
A Bitcoin purchasing ATM thingy has been installed/opened in a Londis in Canning Town
They might be interested to know just how much their carbon footprint has grown, and if they give a shit!
joustmaster
offcumdun
I wonder if the energy consumption per transaction has dropped since those calculations were done.
cybershot
Well-Known Member
littlebabyjesus
one of Maxwell's demons
Fucking hell. And the comments underneath are, well I should know better than to read the comments...Anyone reposted this cartoon recently so we can laugh at it?
I believe our resident cryptocurrency enthusiast camouflage posted this on the thread at one point. I wonder how he feels about the other comics written and drawn by the same guy.
Crispy
The following psytrance is baṉned: All
95% of all bitcoin trading is fake. Deliberate inflation of the numbers by the exchanges. Buying from and selling to themselves in order to make them look like big boys.
#134: Fake Bitcoin trading
#134: Fake Bitcoin trading
littlebabyjesus
one of Maxwell's demons
Kin ell.
Reinforces my suspicion that the mountain of capital represented by cryptocurrencies has involved really very little actual money passing hands. It reached 800 billion dollars at its peak, and has come back to about 100 billion currently. Vast majority of that, I suspect, purely notional, fictitious capital. Good in that it shows a limited scope to the extent of damage it might cause in the real world when it finally collapses. But does nothing to stop the ongoing energy waste.
Fucker has been stubbornly hovering around £3k for a good while now. Get collapsing already.
cybershot
Well-Known Member
mwgdrwg
Be a Pisces. Jam.
Kin ell.
Reinforces my suspicion that the mountain of capital represented by cryptocurrencies has involved really very little actual money passing hands. It reached 800 billion dollars at its peak, and has come back to about 100 billion currently. Vast majority of that, I suspect, purely notional, fictitious capital. Good in that it shows a limited scope to the extent of damage it might cause in the real world when it finally collapses. But does nothing to stop the ongoing energy waste.
Fucker has been stubbornly hovering around £3k for a good while now. Get collapsing already.
It's over £4k now.
littlebabyjesus
one of Maxwell's demons
It's shot up in the last few days. All the cryptocons are sharply up. And all the bullshitters on the internet are jumping on it saying this is just the start. As is their wont.
mwgdrwg
Be a Pisces. Jam.
Oh if that does happen then Bitcoin will be 4p rather then 4k
not-bono-ever
meh
Fuck Bitcoin
q_w_e_r_t_y
You see an investment scam and I see divinity
The people that are into bitcoin understand it in a whole different way from those that arent and its like cross-purpose talk sometimes.
A here's some popular phrases in the bitcoin community
- Bitcoin is a revolution disguised as a get rich quick scheme
- The least interesting thing about bitcoin is the price
- When the times comes, there will be no need to cash out bitcoin.
The way I see bitcoin; the reason I personally have some and the reason I encourage others to also get some is that I want to move into the next post-capitalist economic phase asap and I see a crypto takeover as inevitable. Up thread people talk a great deal about the environmental impact, but its not designed as an add on but as a replacement for the current - very wasteful by design - economic system. So yes, bitcoin uses a lot of energy but it does so more efficiently, bitcoin mining has driven the rise of solar power in China.
We really really dont have much time, perhaps a decade until catastrophic climate change is inevitable. Capitalism is killing us, and bitcoin offers a change of economic system, it might not work, but I'm willing to gamble, because if we carry on the way we are going we know we are fucked. Automation and AI are coming, robots use crypto far better than we can. We - as a global community - need engage with crypto and shape its direction. And despite the Silicon Valley reputation, crypto is very global with third world street vendors starting to use it.
I am totally prepared for my bitcoin to be worthless. If that happens it doesn't really matter because its game over anyway.
A here's some popular phrases in the bitcoin community
- Bitcoin is a revolution disguised as a get rich quick scheme
- The least interesting thing about bitcoin is the price
- When the times comes, there will be no need to cash out bitcoin.
The way I see bitcoin; the reason I personally have some and the reason I encourage others to also get some is that I want to move into the next post-capitalist economic phase asap and I see a crypto takeover as inevitable. Up thread people talk a great deal about the environmental impact, but its not designed as an add on but as a replacement for the current - very wasteful by design - economic system. So yes, bitcoin uses a lot of energy but it does so more efficiently, bitcoin mining has driven the rise of solar power in China.
We really really dont have much time, perhaps a decade until catastrophic climate change is inevitable. Capitalism is killing us, and bitcoin offers a change of economic system, it might not work, but I'm willing to gamble, because if we carry on the way we are going we know we are fucked. Automation and AI are coming, robots use crypto far better than we can. We - as a global community - need engage with crypto and shape its direction. And despite the Silicon Valley reputation, crypto is very global with third world street vendors starting to use it.
I am totally prepared for my bitcoin to be worthless. If that happens it doesn't really matter because its game over anyway.
Crispy
The following psytrance is baṉned: All
Capitalism can work with a cryptocoin as its means of exchange if it wants. Your labour can be exploited just fine when you're paid less than its value in bitcoins.
The solar power argument is ludicrous. If you are installing loads of solar panels just to mine bitcoin, it has zero effect on all the existing power stations which continue to take up the rest of the load. It's like bailing out a ship with a colander and being proud of how hard you're working.
This literally makes no sense. The energy cost per transaction with bitcoin is orders of magnitude higher than bank transfers or Visa. By any reasonable measure it is less efficient than its competitors.
The solar power argument is ludicrous. If you are installing loads of solar panels just to mine bitcoin, it has zero effect on all the existing power stations which continue to take up the rest of the load. It's like bailing out a ship with a colander and being proud of how hard you're working.
Crispy
The following psytrance is baṉned: All
Oh yeah and
I'm gonna need to see the receipts
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