The revolution is here. #Bitcoin
@bitcoinmagazine You sound like a bot.
Also your coin is environmentally unsustainable.
@sodaNo it's not. You're beholden to FUD@bitcoinmagazine
@coinsats @bitcoinmagazine ...Seriously? FUD? Bitcoin is by far the most power-hungry crypto. Even Ethereum is moving away from Proof of Work blockchain.
@sodaLol, sure they are@bitcoinmagazine
@coinsats @bitcoinmagazine I mean, you can read about their timeline on their website.
@sodaIt's been "almost here" since 2017. Proof of stake is not decentralized and neither is etherium. It's a scam.@bitcoinmagazine
@coinsats @bitcoinmagazine Ah, I see. So do you not see proof of work as a environmental problem, especially if the usage of the technology grows?
@sodaBitcoin mining is conversion of physical energy to monetary energy and incentives the most efficient use of energy in the world.
I lost my longer reply probably due to toot size limits.@bitcoinmagazine
@coinsats @bitcoinmagazine Bitcoin mining is doing an arbitrarily difficult calculation until you win the crypto lottery. If it was effortless but still ensured the Blockchain was valid, it would be just as good.
"I appreciate SDF but it's a general-purpose server and the name doesn't make it obvious that it's about art." - Eugen Rochko