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Re: Wall of fame / shame. Shit posts so bad that they are actually funny
by
n0nce
on 14/01/2022, 01:40:02 UTC
This beats every unmeditative writer I can think of. I mean, there's no coherence between those periods, WTH.

I don't feel like raising the marketcap of Bitcoins to circumvent the 21 million problem is what the crypto community really wants. We all are aware that the huge energy consumption for crypto mining is a problem. But the rest of the world is also constantly increasing its energy needs. Its just a matter of time that we become more efficient in the harvesting of energy. That's why we can't look to far into the future based on our current technology at hand. Technology advancements are going to help solve the energy problem.
The attractiveness of Bitcoins is the hard cap of 21 million, it stops inflation reducing the value of the existing coins. For me this also means the bitcoin price is going to stay on a upwards trend. While the price for 1 bitcoins keeps going up we can trade in even smaller amounts going forward.
Oh - sorry - fuck, you're saying... the 21 Million hard capped BTC supply is a problem now? Grin It wasn't a feature purposely implemented and fulfilling its goal perfectly? Ahh what a shame. I guess we need to increase the total Bitcoin supply to save the world then; that's the only and best way to reduce the CO2 emissions that are mostly influenced by other factors than Bitcoin mining... Oh... Roll Eyes Cheesy
I love this thread Grin