In the real world, if you break the rules, you get fired.
Somehow, we’ve let Chair Powell break the law, yet he continues to wield enormous power.
The buck stops here.
That is just a cars lifecycle energy consumption, and they widely vary based on the type of car and other properties
This has nothing to do with showing that ICEs are more environmentally friendly, yes ICEs might have (im not 100% sure - ill have to look into it) lower energy consumption but their emissions are significantly higher
While manufacturing a EV car may emit more, over the cars lifespan it in total emits less, offsetting the manufacturing emission
Completely false that "there is no renewable energy", renewable energy sources like solar, wind, hydro, and geothermal are “renewable” because they rely on resources that are naturally replenished and not depleted by use, and solar is definitely efficient, it wouldn't be competing with fossil fuels if it wasnt
And while yes there are challenges with solar panels and wind turbines, they are far cleaner and more sustainable than fossil fuels
Now go pray to your imaginary god.
Almost every tradable asset is priced in USD, even gold is measured in USD, it's just a benchmark for public to easily understand the value of something.
Yes, there are speculative motives driving some Bitcoin buyers just as there are with any investment (stocks, real estate, precious metals), but speculation alone doesn't negate bitcoins value
@kashyap286 Horrible analogy, you can't access your house by moving with the keys, you can access your Bitcoin by moving with the keys though. Saying that gold has better portability than Bitcoin is probably the worst argument you could've brought up.
@kashyap286 Criticizing Bitcoin’s base layer for low TPS is analogous to criticizing the Federal Reserve’s settlement system for not processing millions of credit card swipes per second; that’s not what it’s built for.
Moving physical gold can be far riskier and costlier than moving bitcoin. If you relocate across national borders, you may face customs declarations, transportation insurance, risk of loss or theft, and logistical challenges, especially for any significant amount of gold. With bitcoin, you can cross any border by simply remembering your seed phrase. The bitcoin protocol itself does not recognize OFAC lists, sanctions, or blacklists. Individual mining pools might try to comply with sanctions, but again, they do not represent the entire network. If pool A refuses a transaction, pool B in a different jurisdiction may include it. Bitcoin IS the digital gold, a better version of gold.
Only 10-15% of gold demand comes from industrial uses. Jewelry demand is very cultural and subjective, while investment demand relies on perception, similar to bitcoin. Golds industrial utility is limited and replaceable. for example, advancements in material science often reduce reliance on gold in electronics or medicine. If the utility of gold in these sectors diminishes, its value would depend entirely on its cultural or historical role, where bitcoin doesnt need physical applications to act as a store of value. Golds value depends heavily on cultural and historical perceptions, much like bitcoin relies on its adoption and trust (which its currently absolutely receiving)
Bitcoin may seem simple, but this is intentional. Its stability, simplicity, and robustness make it ideal as a store of value, a "better" cryptocurrency wouldnt make bitcoin worthless
@Wordsofanarchy@notkenspeckle@willsbma@GeneralMCNews Imagining world-ending disasters which would not only knock out bitcoin but the whole world (since everything depends on electricity), is not a valid argument.