Kanyigga

4y

When will it be my turn

neon

4y

also wow the IMF writing about what I've been saying for years

https://blogs.imf.org/2022/06/16/how-crypto-and-cbdcs-can-use-less-energy-than-existing-payment-systems/

I have been trying to explain this to people for years and everyone accuses me of lying just like "HUH but BITCOIN USE LOT POWER number big"

YES BUT SECURING REGULAR SERVERS FOR BANKS & VISA USES WAY MORE POWER THAN A PROOF OF STAKE OR AUTHORITY BLOCKCHAIN

blockchains save power

few have the background in cyber security to begin with tho i guess

ok am done

Mastiff

4y

Despite the use of energy there's also the fact that a lot of banks still aren't completely paperless either and some the industries these banks invest in do a crazy amount of harm lol.

A lot of the environmental arguments seem to be from people who hate crypto religiously anyway, not saying improvements can't be made but the arguments have always felt disingenuous especially when you know things like ETH2 are in the works.

Mango

4y

The difference being those systems are fast and easy and essential for capitalism to exist in its current form and crypto- is not.

Mango

4y

The difference being those systems are fast and easy and essential for capitalism to exist in its current form and crypto- is not.

Mastiff

4y

I'd say you're wrong since Klaus/WEF and the Bilderberg Meeting attendees all have crypto, it's capacity to disrupt the current financial system, and how they can control it all on their agendas

neon

4y

capitalism didn’t need the internet in 1990 either..

Mango

4y

I mean they're certaining trying to make the blockchain the internet with web 3. NFTs were the test case for that entire endeavor. How's that going

Mango

4y

The only person you're going to make money off of in crypto is other people with crypto. Big bank take little bank.

Mango

4y

The difference being those systems are fast and easy and essential for capitalism to exist in its current form and crypto- is not.

neon

4y

great scam

vayla

4y

you are condoning the scam by making NFT threads https://ktt2.com/nonfungible-token-nft-thread-32492841

neon

4y

also wow the IMF writing about what I've been saying for years

https://blogs.imf.org/2022/06/16/how-crypto-and-cbdcs-can-use-less-energy-than-existing-payment-systems/

I have been trying to explain this to people for years and everyone accuses me of lying just like "HUH but BITCOIN USE LOT POWER number big"

YES BUT SECURING REGULAR SERVERS FOR BANKS & VISA USES WAY MORE POWER THAN A PROOF OF STAKE OR AUTHORITY BLOCKCHAIN

blockchains save power

few have the background in cyber security to begin with tho i guess

ok am done

SEGA GOON

4y

You wrote on the very same page that bitcoin isnt a currency yet you compare the entire financial system with b***a butt fart coin energy usage

neon

4y

yea the governments would probably use some kind of proof of authority blockchain to issue currencies lol that’s the point maybe read the imf article

your conflating two separate things notice how i say also at the start of the post

do you understand what a blockchain or consensus even is?

it seems like you don’t

neon

4y

people that say blockchains (tokenization) have no value (scams) would have said the same thing about the internet bubble of 2000 and the railway bubble of the 1840s

boomer mindset

neon

4y

yea the governments would probably use some kind of proof of authority blockchain to issue currencies lol that’s the point maybe read the imf article

your conflating two separate things notice how i say also at the start of the post

do you understand what a blockchain or consensus even is?

it seems like you don’t

SEGA GOON

4y

You wrote on the very same page that bitcoin isnt a currency yet you compare the entire financial system with b***a butt fart coin energy usage