Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Richy_T
on 02/06/2022, 17:13:20 UTC

It's the same old narrative: "we must make Bitcoin use less energy"... Those who advocate this idea cannot see that it is a fallacy by definition. It's precisely that inflow of energy that gives Bitcoin its value. Cut down the energy usage, and you cut down Bitcoin's value. If there's something they should be targeting, it is not the amount of energy used, but the energy source (fossil fuels vs. renewable sources).


If you really want to cut energy use, slash the federal government by 90% and allow the current banking system to atrophy as it should.