Post
Topic
Board Bitcoin Discussion
Re: Starting a new Bitcoin Documentary ** Exploring the massive amounts of power..
by
Guessti
on 07/05/2022, 22:58:25 UTC
Compare this to banks having to maintain your account with them on centralized services. Needing to login, etc.

You can side with the people misleading the masses if you want.

I'm not siding with the banks. But you replaced their misleading with yours. This gets us nowhere.
The "bitcoin uses too much electricity" part is a lie. But in order to get use of bitcoin we do need some electricity, some internet and, truth be said, mining is also necessary.
Generating addresses and waiting for manna fill them from the skies is unrealistic.

The facts remain.

You can generate unlimited bitcoin wallets (bank accounts) without ever needing to be connected to the internet. People can send funds to these generated addresses if shared by you while you still don't need to be connected ever - obviously THEY do.

It is one of the massive and endless efficiencies produced by crypto that is too much overlooked and misunderstood by people like you trying to confuse the masses.

Obviously we have a global network of "miners" "computers" allowing proof of transactions to take place.

Soon the network will spread to space past mars and you'll be behind with the deteriorating modern banking system.