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

Memes

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

Better than that, it can't break

[–] [email protected] 0 points 2 years 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 2 years ago (1 children)

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

[–] [email protected] 1 points 2 years ago

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

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

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

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

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

[–] [email protected] 1 points 2 years ago* (last edited 2 years ago)

The people speculating on its worth do