Currently: @BertramDitore@lemmy.zip

Formerly: @BertramDitore@lemm.ee

Formerly: @BertramDitore@lemmy.world

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Cake day: June 4th, 2025

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  • BertramDitore@lemmy.ziptoAsklemmy@lemmy.mlIs Bitcoin actually worth anything?
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    8 days ago

    Yeah, this is what I came here to mention. Environmental damage and power consumption are what bitcoins cost, but those costs don’t give bitcoins any inherent value.

    It’s actually a pretty appalling example of human ingenuity. We’ve managed to invent something that has a disproportionately terrible impact on every person on earth through its environmental effects, while simultaneously producing no practical value to anyone other than those wealthy enough to be in control of it.