Quote from: NeuroticFish on March 23, 2025, 02:32:41 PM

~snip~

Quote from: alani123 on March 23, 2025, 09:33:03 AM

Bitcoin remains hard to use, mining continues to be environmentally damaging to a very large extent while it also becomes more centralized and scalability remains an issue. This price boom changes nothing in terms of fundamentals. Bitcoin's price went up mostly due to external factors but that doesn't solve the issues related to adoption.
Maybe though in the end, adoption doesn't matter? What are your thoughts?

That newspaper you've got this misinformation from and how old was it?

I commented about that too, but I didn't get an answer as to why the OP has that opinion. I think that in this particular case, the fact that if you repeat a lie a thousand times then it becomes the truth - and considering today's ways of communication and news presentation, it is obvious that the idea that BTC mining is something extremely harmful to the environment has taken root in people's minds.

A few years ago, we could read every month that BTC consumes electricity like some x country and that we might remain in the dark because of BTC, and when that myth was dispelled, they started in the direction that if it does not consume too much energy, it creates too much garbage in the form of mining devices that end up in the waste when they become useless.

BTC is at the bottom of the problem when it comes to environmental threats or excessive energy use, but unfortunately it is the easiest to attack because there is practically no one to defend it.