Is Bitcoin a scam run by the energy utility monopolies? 1% of the world's power is used just to mine Bitcoins. Trump says it's a scam. Elon has condemned the waste. If Bitcoin crashes to $0, the only ones who come out ahead (besides lucky traders) are the energy companies. - Conspiracies

Is Bitcoin a scam run by the energy utility monopolies? 1% of the world's power is used just to mine Bitcoins. Trump says it's a scam. Elon has condemned the waste. If Bitcoin crashes to $0, the only ones who come out ahead (besides lucky traders) are the energy companies. (www.thebalance.com) Speculation

posted 3 years ago by Jaunty_Haul 3 years ago by Jaunty_Haul +11 / -3

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– graucho 5 points 3 years ago +5 / -0

The process creates large amounts of greenhouse gases, such as carbon dioxide, methane, and ozone. These allow sunlight to enter the Earth's atmosphere, but then trap the heat. So, the more electricity produced, the hotter the planet gets.

Stopped reading right there. I can't take anyone who spouts this nonsense seriously.

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– Jaunty_Haul [S] 1 point 3 years ago +2 / -1

I get it, but someone can be wrong about one thing and not wrong about another.

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– graucho 6 points 3 years ago +6 / -0

True, my bad. My only excuse is that the whole global warming scam just gets my back up.