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:
1% doesn't make that much of a difference to them. It's not the energy companies. Musk is a globalist and Trump chose a time when globalists shaved off part of its value to shave off a little more. The globalists are condemning it at the same time for some reason.
In the energy market, 1% is exactly 745 gorillajizzillion dollars.
In the energy market, 1% is a small part of what is lost through inefficiency.
Yeah, and it's still 745 gorillajizzillion dollars.