Remind me again about how awful it is that Bitcoin uses so much energy? Is it because one form of waste makes shit tons of money for shareholders and the other makes money for regular people?
Lol after this comment Bitcoin surpassed Silver to become the 8th most valuable asset by market cap on the planet. More than Coca Cola and Pepsi combined. Even 10 million million down votes can’t change the truth
It’s not profit until it’s converted to FIAT, which causes the value of BTC to drop. Crypto can’t generate money, it can only move it around. Someone always loses.
97% of every bitcoin in existence being in profit still pertains to mining too, though. I mean you can deny it and be upset about it all you want. Facts is facts. What I meant by making money for the common man though, was holding. Although mining certainly would have worked out as well.
Remind me again about how awful it is that Bitcoin uses so much energy? Is it because one form of waste makes shit tons of money for shareholders and the other makes money for regular people?
Mining hasn’t been profitable for any “regular” person for like a decade
97% of wallets being in profit isn’t profitable? Man, you should tell these people! What if they never find out!!
https://www.msn.com/en-us/money/markets/bitcoin-s-recent-rally-leaves-97-of-wallets-in-profit/ar-BB1jjT8W
Lol after this comment Bitcoin surpassed Silver to become the 8th most valuable asset by market cap on the planet. More than Coca Cola and Pepsi combined. Even 10 million million down votes can’t change the truth
It’s not profit until it’s converted to FIAT, which causes the value of BTC to drop. Crypto can’t generate money, it can only move it around. Someone always loses.
Isn’t that true of money in general?
I’m not talking about mining btw, I’m talkingaboutt having bitcoin and holding it.
Then there was no point in your response cause the comment you replied to explicitly said mining, not holding.
97% of every bitcoin in existence being in profit still pertains to mining too, though. I mean you can deny it and be upset about it all you want. Facts is facts. What I meant by making money for the common man though, was holding. Although mining certainly would have worked out as well.
Two things can be awful at once, shockingly enough.
no