this post was submitted on 04 Aug 2024
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713
Bitcoin is Stupid and Does Not Deserve an Emoji (blog post) (thedabbler.patatas.ca)
submitted 4 months ago* (last edited 4 months ago) by [email protected] to c/[email protected]
361 comments fedilink hide all child comments
 

35 crypto companies got together to make a change dot org petition called "Bitcoin Deserves an Emoji".

F that

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[–] [email protected] 1 points 4 months ago (1 children)

How wasteful!

Anyhow, today I'm going to resume using a currency backed by oil and nukes, which encourages consumption on purpose. I will then either exploit workers by investing in a for-profit business, or get poorer.

But someday, in the future, economics will work the way I expect them to. That's when I'll switch to something better!

[–] [email protected] 2 points 4 months ago (1 children)

Russia has had oil and nukes and it didn't stop the ruble from collapsing in the 90s

Maybe reexamine your assumptions

[–] [email protected] 0 points 4 months ago

Oil and nukes won't stop the dollar from collapsing either...