Bitcoin Subsidizes Energy Production. Bitcoin Tech Talk #227
jimmysong.substack.com
Any time there’s a bull market, FUD starts coming out and there’s probably no FUD quite so emotional as the “Bitcoin wastes energy” argument. It’s an argument borne of simplistic analysis by journalists that want to take pot-shots at Bitcoin, and one that noobs bring up quite often. Much like quantum computing, it’s one of those issues people think they understand much better than they really do.
Bitcoin Subsidizes Energy Production. Bitcoin Tech Talk #227
Bitcoin Subsidizes Energy Production. Bitcoin…
Bitcoin Subsidizes Energy Production. Bitcoin Tech Talk #227
Any time there’s a bull market, FUD starts coming out and there’s probably no FUD quite so emotional as the “Bitcoin wastes energy” argument. It’s an argument borne of simplistic analysis by journalists that want to take pot-shots at Bitcoin, and one that noobs bring up quite often. Much like quantum computing, it’s one of those issues people think they understand much better than they really do.