• @Crack0n7uesday@lemmy.world
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    231 year ago

    With how saturated the mining community is, you have to buy a Bugatti, put a brick on the gas pedal, all while sitting in neutral gear, and leave it running for 24/7.

    • @linearchaos@lemmy.world
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      61 year ago

      Hey, I saw Ferris’ day off, I remember how it ended.

      What’s worse, is you don’t even get there on you get a small chance to get a stock-like transaction that could be worth some heroin or notging at all

  • @Chakravanti@sh.itjust.works
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    221 year ago

    Bitcoin=Snitchcoin

    Monero won’t broadcast every exchange’s handler’s details: IP address, ID, time & Date, Amount, Target, Totals, etc.

      • @kemsat@lemmy.world
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        41 year ago

        I didn’t mean literally a car, I was going a long with their metaphor.

        I saw a Veritasium video where they use a massive engine as part of a whole facility that tests buildings for earthquakes. That’s not something that’s going to be a problem. And in some applications, fossil fuels are what makes sense to use.

        We should definitely use them in as few applications as possible, but yeah, if you wanna act like we should stop using them completely, in all applications, you can keep hallucinating.

        • Sabre363
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          31 year ago

          I was mostly making a joke about how bad cars are for the environment, not really adding anything of substance to the conversation.

    • @vithigar@lemmy.ca
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      141 year ago

      If you’re doing something with the output of the engine then it’s not idling, strictly speaking.

  • @Willy@sh.itjust.works
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    121 year ago

    they real story is more interesting. it’s just a shame that the incentives were aligned a bit askew. people gonna people.

        • @kameecoding@lemmy.world
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          -161 year ago

          Yes it was, lol. By design it can only function as a ponzi scheme, the itention might have been something else behind it but that doesn’t mean it wasn’t a scam from the get go

          • @nexguy@lemmy.world
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            1 year ago

            Who are the scammers? There is no company behind bitcoin and the soure code is open for anyone to look at at any time and anyone can participate.

            Edit: A ponzi scheme is a specific thing that people like to throw at any perceived scam. Ponzi means there is money being put into btc with the promise of more money being able to be withdrawn only because more people join… which is certainly not the case for btc. There is no account where money is being deposited… only a record on a block chain. There is no guy at the end scooping up money.

            • Asuka
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              11 year ago

              By being designed a deflationary currency, Bitcoin price was “doomed” to repeatedly spike with every halving. The “scammers”, then, are the people who got in early and hoarded Bitcoin.

              • @nexguy@lemmy.world
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                11 year ago

                So then the people who buy paintings from deceased artists are also scammers? They thought the exact same thing…I want to but this intrinsically useless thing that I think will increase in value because only a finite number exist and I think more people will want it in the future.

                A scam is a deception of some sort. BTC is open source. No one is tricked into buying it any more than artwork.

                • Asuka
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                  11 year ago

                  Paintings are beautiful. Products are useful. Bitcoin is… nothing. It’s speculation. Any time when it could have been used as a practical currency is long gone.

          • @frezik@midwest.social
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            61 year ago

            It’s known that the original guy mined a whole bunch of coins to start with and has never cashed them in. He doesn’t seem to care about money much and just wanted to work on something interesting. Bitcoin is really a garage project that’s gotten out of hand.

            Now, everyone who picked it up after that on a Greater Fool theory, sure, absolutely.

          • @nexguy@lemmy.world
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            51 year ago

            If only anyone could actually prove btc is a scam in any way I’d gladly agree… any evidence at all. No evidence against an open source project since its inception 14 years ago. Is the evidence that impossible to reveal?

              • @nexguy@lemmy.world
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                61 year ago

                Immediately in the first few minutes he describes in detail how btc was not designed as a scam. Thank you for proving my point

              • @nexguy@lemmy.world
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                1 year ago

                I’ll watch it. I hope it’s not 2 hours of opinion but actual dive into btc source code that shows something that I guess everyone(including banks and investment firms) has missed.

                edit: This matches exactly what I said that scammers have taken an opportunity but btc was not created as a scam as was stated…so IS this a waste of 2 hours where btc is not the target but just a bunch of other coins and nft?

  • Sagrotan
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    11 year ago

    Hm. I guess I have to get out the 'ol hose and canister again.