More dodging the point with personal attacks. Coward.
Still your opinion on that topic where a complete show of ignorance and magical thinking.
“they could reduce pollution” . No they CANT because it costs them to do so. You can dodge the economic issue as long as you want, it won’t make the problem disappear.
What a complete idiot.
I agree with that part. There is no incentive for the crypto-industry to adhere to any rules or regulations, most of them oppose any form of rule of law, and just want get rich quick which isn’t a sustainable system.
PS: I understand the frustration in the posting but consider refraining from insults as they don’t contribute to conveying your point. There is a lot of information people can get from here to understand the shady base on which NFT’s are built upon. That NFT’s are a clear scam is beyond doubt, and even worse it’s build upon the tyranny of the evil, who try and present themselves as the freedom of the good yet fail to present clear evidence to defend the transition to crypto.
I don’t expect him to understand anymore. He is a complete ignorant and distort everything I said, while dodging the points I made and making personal attacks.
All I want, is that other people realize he is scamming them.
His pretense of “industrial knowledge” is plain BS, the video he presented actually literally says his claims were wrong.
There is no word strong enough to characterize the harm he is CONSCIOUSLY trying to bring. He was plainly lying on this post, I guess from the beginning. All his claims about technique were plain lies, so even if he was genuinely believing it was worth it, he proved he is intellectually unable to recognize his mistakes and learn from them.
How did you determine this? as far as I can tell no laws have been broken.
The current world wide financial system isn’t a sustainable system, there are too many poor people in the world.
Is there any data to support the idea that BTC is enabling wealth to be shared, because the current stats here: Top 100 Richest Bitcoin Addresses and Bitcoin distribution, seem to suggest that just 2% of addresses hold nearly 95% of BTC?
So while you say it’s not beneficial for them, this will help the environment. Once the customer sends back the Asic blades Bitmain should credit them with £100 to £500 depending on the model. They should recycle whatever they can and then dispose of the rest properly so people wont poison themselves when they try and burn it.
Maybe they should, but why would they? In an era with significant environmental concerns their entire business is aimed at producing devices that combined consume huge amounts of energy along with generating the associated pollution with little tangible benefit, so its unlikely they would be willing to give up profits for environmental reasons.
You can’t understand his industrial opinion when he tells you that since burning fuel is an issue, then we just need to not burn fuel, that’s obvious !
He does not care the reason fuel is burnt in the first place, he just asks “is it possible that nobody burns fuel”, he does not stop at something as trivial as the context or the economical reality.
It’s magical thinking : if you ignore the actual problem, it will end up disappearing ! It’s the same for BTC, if you ignore the fact that miners don’t generate value, then it’s not a scam ! If you repeat that GPU and ASIC are the same, then they will magically become the same !
And the people who keep talking about economical reality are only crypto haters, not realizing how “exciting and new” this scam is !
Bless those idiots who even lack the education to realize their stupidity. Even a rock is less stupid.
It does look that way, if you look deeper though you will find that the addresses who hold most of the coins are Crypto Exchanges. Currently only one country needs bitcoin so we are still in the early stages. The amount of BTC in crypto exchanges is all for sale so anyone who is registered and properly identified with that exchange is free to buy it.
Crypto exchanges are owned by lots of different investors.
When I read this info It looks like the world is ready to roll out BTC to any country or person who wishes to buy it.
It’s just a suggestion buddy. I fully understand they are under no legal obligation to comply. I just think they need to work harder, It must be embarrassing that crypto enthusiasts are designing more energy efficient firmware than the actual manufacturer. In some cases the enthusiasts were able to shave 300 watts off of the power requirement of their ASICs.
I’m just pointing out the crypto industry has work to do in promoting a more environmentally friendly view. Every company must do what they can for the environment or face fines. That is my belief.
A REAL enthusiast would be able to save 100% by simply switching it off.
No, they don’t. Again, you have no idea what you’re talking about.
There has always been ways to change the voltage of chips, but then you are not under guarantee for the chip. Because the price is, that you can destroy it in the process.
Your claim that they have same result is plain wrong. It’s always a gamble, and you can’t make a general rule from anecdotal experiments.
That’s El Salvador, This isn’t helping your case. After fifteen years of failed security policies, the government of El Salvador and criminal gangs are deadlocked in an open confrontation. Efforts aimed at tackling the deep-rooted social issues behind the gang phenomenon have not produced desired results due to a lack of political commitment and social divisions that gangs use to their advantage.
The next one is panama. Which is also a country riddled with gang violence.
Poverty and lack of social services are highest among the indigenous groups, representing 14 percent of Panama’s population. Panamanian authorities have been making efforts to improve the lives of the indigenous population, however income disparities and lack of social inclusion with the rest of the country persist.
In both cases, criminal gangs become richer and the already social issues will grow bigger. Bitcoin did not solve their issues like you said. And I tell you organised crime really likes/needs bitcoin to advance their game.
And sell offcourse… taht’s what you do, create it and sell it. You a crypto dealer, not a buyer. 
wish or can?
“The world”? Or organised crime and drug cartels?
Bitcoin will not solve the issues there are. It will only make it worse. They already have a means to pay for things.
I don’t have a case, I’m not on trial here. I’m simply telling you my findings because I mine crypto.
Stop trying to pretend crime didn’t exist before BTC, it did.
You do. You have a case defending that your “wage-free enterprise” is something others should do. On top of that ‘business’ “The poor and artistical people create art and sell it as NFT’s”, oh, and they all become rockstars and millionaires.
I don’t do it, I am saying that it’s an enourmous advantage for the cartels and an expensive niche for normal people. It’s been 10 years and the only thing it produces is more shady business on top of it’s very obfuscated business. It’s distrusted by the majority of the population. In Ukraine, Russia and Venezuela only 10% use it. Panama 1.99%, El Salvador 1.94%. Are you sure only 2% are poor in those two countries or do people that are sanctioned forced to use it to make international payments?
Not really, it is possible for BTC that was stolen or involved in crime to be banned from the BTC network. I’m not sure why you think criminals would use BTC when their assets can be frozen/seized. So I disagree that it is an enormous advantage, plus the only way to withdraw is through a Crypto exchange where you have to present your identification and proof of address.
I’m not sure where you’re getting the impression that it’s plain sailing for criminals using crypto it really isn’t.
Then it defeats the whole “non nation controlled money”.
Which was your whole point about how BTC is better. Proving, once more, that your opinion is plain ■■■■.
No I don’t. I am simply here to discuss fact and logic. I do not answer to anyone. Why do I need to defend what myself and others do to the likes of you and other people who hate progress?
The world now has a method to protect the poor from inflation and i for one am very much looking forward to how this plays out, this is something to celebrate.
lol no.
Hypothetically speaking :
Person X from France can order 1 kilo of video cards from Person Y Colombia.
Person X wires 1 BTC from wallet X to wallet Y
Person Y sees it instantly and will send Person Y the dead drop GPS location.
Person X is happy he didn’t get scammed and can now eh… mine more Bitcoin.
Now there is some difficulty and getting those video cards from X to Y but I’d refrain from explaining how it’s done. Also, the person in Colombia can send to person Z, the real estate agent, some bitcoin to buy an appartment complex. Person Y now rents out that appartment complex for real money.
Security by obfuscation. I could go on in detail how the middlemen get paid as most won’t like crypto, but they do accept eh… scraps from the video card… yeah. Person Z is getting his share as he slowly transfers the bitcoin back to person Y who sends him small amounts of cash by bank transfer or can give it to him in cash but then that’s anaother thing to ‘clean up’ so all in all, the crypto ‘token of value and trust’ is what is used to HODL during the entire time the system gets set up and deconstructed without anyone even withdrawing 1 satoshi. See, HODL or go to jail. But everyone gets real money, you know what is of real value to more than 1% of the population.
What does Person Y from Colombia do with the BTC he has received?
Use it as “collateral”. But I suggest you stay in your mining business… it’s way safer.
Explain further, the goal of person Y from Colombia is to receive money some way some how, now he has the money from the video card how does he go about spending it?