this post was submitted on 17 Sep 2023
45 points (77.1% liked)

Memes

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

Better than that, it can't break

[–] [email protected] 0 points 1 year ago (1 children)

It would literally break if it replaced all currency. Transaction times would be either measured in months if that happened or bitcoin would consume 10x the current energy production of the entire earth.

[–] [email protected] 1 points 1 year ago (1 children)

Bitcoin only consumes spare energy that couldn't be sold for a better price to someone else

[–] [email protected] 1 points 1 year ago

In that case transactions would take months if not more making it effectively useless.

[–] [email protected] -1 points 1 year ago (1 children)

It can't? So pump and dump schemes are a feature not a bug?

[–] [email protected] 1 points 1 year ago (1 children)

Bitcoin doesn't care how much people price it in dollars

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

The people speculating on its worth do