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To: Manuel OKelley
My problem with bitcoin is it represents a previously consumed value of power used to generate it

I have no idea what that means. Do you?

11 posted on 03/11/2024 3:35:07 PM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
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To: E. Pluribus Unum

I think someone has been told it wastes electricity.... They never asked themselves the comparative question about physical mining of metals and oil, electricity and water;)


30 posted on 03/11/2024 4:24:23 PM PDT by Jumper
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To: E. Pluribus Unum

I mean it represents a lot of burned energy creating it with no intrinsic value —obviously fiat currencies don’t really have any intrinsic value either but are generally accepted in society enough to be useful in exchange for things I need.

I have a bit of crypto for speculation, if I had a lot more wealth to diversify I might have more for contingencies but


47 posted on 03/11/2024 5:11:40 PM PDT by Manuel OKelley
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