Where did the scam coins go?
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"This is 35000 server racks, we do about 2% of the world's bitcoin mining"
So there's only 2 million server racks doing bitcoin globally? Rookie numbers.
Hype makes little things look so, so big.
20mil of BTC have already been mined and only 1mil is left. Makes sense that not many people are into the mining business as mining gets progressively less rewarding.
This is why BTC is better than precious metals as money, which can always inflate if new sources are discovered and tapped.
Listen to yourself! You're talking about mining imaginary numbers on a screen as if it's real. That's like investing money into upvotes on here. Unreal that people actually believe this shit!
"But muh imaginary numbers on a screen". That's called reductionism. I already told you your cash is printed pieces of paper with ink and imaginary numbers on it. It's monopoly money. Yet you talk about "working hard" (being a wage slave and a cuck to the system) for it. Does that make sense to you?
You don't understand how money works.
You don't understand how bartering works*
You're not very bright if you think the current economy of ANY modern country can function on barter. Do you know the complex production process that goes behind making every single item you use in your day to day? And that's just the production side. There's a reason why money was invented thousands of years ago, you absolute tool.
You mean shipping in cheap shit from China? I'd rather buy old tools from the 1800's at an antique store than participate in your digishekel blackrock scheme. I can get a lot for doing work for people and it's far more rewarding than going blind on a computer screen, rubbing hands for the next inflation update.
u/SmithW1984 so much for decentralized 🤣
People think decentralization is the holy grail of distributed systems while ignoring any system can be exploited. Here jews are scalping crypto after decades of making money out of currency devaluation. The only way to win the game is not to play by their rules. But people become blind in the face of a quick buck.
It promotes sloth. People don't want to get off their asses and actually work anymore. The biggest promoters of the quick digishekel have been all desk jockeys.
I have no debt, and I never will.
You have public debt. $38trils and counting. That's $112K per capita. It's called a debt slave system for a reason.
And digishekels somehow aren't?
Idk you tell me - is there a BTC national debt that's owed to the exchanges and the miners of BTC?
Shii.....
Dude doesn't know the difference between mining rigs and server nodes but is here to argue about BTC and cryptocurrency.
What this actually shows is the enormous amount of investment behind BTC both in electricity and technology and that both public and private institutions take it seriously enough to invest in it.
Read the BTC Standard - you have nothing to loose. It's the same as atheists reading the Bible. If you're so convinced in your position, read what the opposite side has to say.
Tell me you are retarded without telling me you're retarded. It's a fucking ponzie scheme, simple as.
Like Scheme Ponzi, (bondi) the blondde dei hire who sits on her nails all day? xD
Why do I even bother with your retarded ass? Fuck off, I'm blocking you. I tried reasoning but you're an idiot troll.
I'm blocking you for being a troll. If you disagreed while making an argument I'd have zero problems with you.
I did make an argument, this post is yet another that destroys your fantasy.