this post was submitted on 28 Feb 2024
44 points (81.4% liked)

Bωockchain

270 readers
1 users here now

crypto skeptical community

bwockchain is not a technology of the future, buttcoin is a scam.

All lemmy.ml instance rules work here.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Ptsf@lemmy.world 2 points 8 months ago (1 children)

Nothing I've said is factually incorrect. It is all based in reality and although some nuance is lost as I'm not going to dedicate research paper level time to trying to get you to come to your senses, the overall ideas are backed by factual information.

I'm not attacking you, I'm engaging in a meaningless argument with a meaningless person to kill time. As far as the insults go, I believe the first was hurled from you referring to me sounding like a derogatory term? Maybe get yourself checked if you can't take what you dish Mr mad bro. 😂

I'm not sure once again what you're smoking but damn I want some. The cognitive disconnect is insane. You can feel free to look up whatever you'd like to provide alternative viewpoints in this regard but you cannot change the simple reality that bitcoin will eat it's own tail in runaway compute and electricity costs; it already has. Layering on more efficient transactional networks won't change that. You can bundle transactions and go through L2, hell you can wrap the coin and go through an entire other network, but the underlying network will die to its runaway unsustainability the moment new user growth ceases to outpace costs. It's a mall cafeteria inside a Ponzi castle built on Ponzi sand. The aroma of legitimatcy and desire disguising tax write offs and fraudulent accounting.

Oh and yeah, they wouldn't burn an infinite amount would they. They'd just... Stop mining it as the costs would be too high for any reasonable person to want to pay transact fees on the network. That's certainly different than the coin dying.

If I don't know what I'm talking about, at least I know as much as you. 😂🤷‍♂️

[–] NoiseColor@startrek.website -2 points 8 months ago (1 children)

What you said is literally wrong, incorrect, false. Don't believe me, read it somewhere else.

Bye.

[–] Ptsf@lemmy.world 1 points 8 months ago* (last edited 8 months ago)

Nope! But good luck with your delusional self. Hope it goes poorly for you.