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
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (20)
sorted by:
In the energy market, 1% is a small part of what is lost through inefficiency.
Yeah, and it's still 745 gorillajizzillion dollars.