this post was submitted on 03 Feb 2024
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398
Over 2 percent of the US’s electricity generation now goes to bitcoin (arstechnica.com)
submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world
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Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.

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[–] TypicalHog@lemm.ee 4 points 9 months ago (1 children)

People defending Binance and Tether are either:

  • Clueless and haven't done any research
  • Brainwashed
  • Part of the Binance/Tether cartel
  • Paid to do it
  • Lying to themselves
  • Aware of the truth, but want their bags to continue to be propped up by fraudsters

Which one are you?

[–] makeasnek@lemmy.ml 1 points 9 months ago* (last edited 9 months ago) (1 children)

IDGAF about Tether, IMO it will collapse one day, and the world will be better for it. It's a currency whose basis is "trust me bro".

[–] TypicalHog@lemm.ee 3 points 9 months ago

I just wish it collapsed sooner. At this point the effect on the whole crypto sector, be it BTC, ETH or ADA will be unimaginable for most people.