Haha 😂 fuck off… If banks create their own crypto currency and make it actually useful for transactions (which BTC is not right now) - that pulls the rug out from bitcoin being the front runner. BTC is too energy intensive and not useful enough to be mainstream “currency” - ThreadSky

curiousgeorge85.bsky.social • 4 days ago

Haha 😂 fuck off…

If banks create their own crypto currency and make it actually useful for transactions (which BTC is not right now) - that pulls the rug out from bitcoin being the front runner. BTC is too energy intensive and not useful enough to be mainstream “currency”

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jamescalrohn.bsky.social•4 days ago

Ahhh yes, someone that doesn't know much about Bitcoin who thinks that it's energy use is a problem rather than a feature 🤦

You know I was skeptical about Bitcoin for years, but I didn't start talking about it until I had actually done a couple hundred hours studying it. Might want to do the same

curiousgeorge85.bsky.social•4 days ago

Show me how it’s not energy intensive and show me how it’s useful in transactions.

Blockchain tech I don’t mind but BTC specifically is a waste

jamescalrohn.bsky.social•4 days ago

You probs don't realize this, But saying that you're into blockchain not Bitcoin is one of the biggest red flags that you don't understand blockchain nor do you understand Bitcoin.

Yeah I can't show you how it's not energy intensive because I didn't say that. I said the energy use is a feature.

curiousgeorge85.bsky.social•4 days ago

I am aware - BTC is just a wasteful use of the underlying tech and blockchain structure IMO. Agree to disagree and move on

Enjoy your digital beanie babies

jamescalrohn.bsky.social•4 days ago

Do you mean to expose your ignorance with like every single message? Like is it a goal You set for yourself to reveal and expose how little you know about the topic? Or do you just do it without effort 🤔

It's okay. You benefit from a Bitcoin future whether you adopt or not

ngmi.co•4 days ago

Most of the bitcoin network uses zero-emissions energy now, according to Cambridge, and that energy spend provides the relative security guarantees of the global settlement layer.
https://www.jbs.cam.ac.uk/wp-content/uploads/2025/04/2025-04-cambridge-digital-mining-industry-report.pdf

ngmi.co•4 days ago

btc and stablecoins serve different purposes and have different risk profiles. as technology for financial infrastructure they're more complementary than competing

curiousgeorge85.bsky.social•4 days ago

Tell me the true “purpose” of BTC than just being a “store of value” - it’s really no different than owning a gold brick or a collectable. It’s a hedge but many won’t accept it in a transaction. Have to liquidate it for cash or something useful

ngmi.co•4 days ago

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