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
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Nope.
That’s just bunch of nonsense and if you really dug into Bitcoin you’d know that.
It’s the biggest threat to governing powers since the internet and they will do everything they can to smear it while systematically buying it up only to capitulate later because they can’t defeat it.
Anyone telling you otherwise is a moron and doesn’t get Bitcoin. Do your own research and you’ll see why. Decentralization is the enemy of the NWO.
Also the power usage is because mining a block gives you ~$300k, which pays for the electricity.
In 10 years mining a block will only be worth $75k at today's valuation, in 20 years only $10k because the value of the blocks cuts in half every so often.
Basically the bitcoin energy problem will solve itself in a short while unless it explodes in value. So bitcoin shooting up is the thing the globalists care about - not the environment - and that's because if you can park your money in bitcoin and even have it grow in value they can't steal it through devaluation and money printing.