Bitcoin and other cryptocurrencies have no future

When infinite energy kicks in this will be utterly irrelevant

not realistic until people realize that nuclear power is the future

Bitcoin works just fine. Don't fall for the Blockstream Jew.

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>implying we wont have nuclear space elevators and lel at the idea of bitcoin taking "too much energy"

>BCH
>BTC
>same thing
bitcoin cash might aswell be another altcoin

Fusion specifically

What is a Bitcoin exactly?

Fusion doesn't work yet but thorium reactors could be everywhere and clean right now

I said don't fall for the Blockstream Jew.

Ok pajeet keep shilling me your disguised altcoin

Bitcoin was invented by Satoshi Nakamoto which translates as Central Intelligence, which should say it all.

>2.5 gigawatts
nice we now have enough to power two flux capacitors.

The world not coping with bitcoin shows how hard envirofags will attack the AI under a smart world. It will take orders of magnitude more power. Also proof of stake, you illiterate.

>disguised altcoin

STOP FALLING FOR JEWISH TRICKS, user.

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Won't ASIC mining solve this? or do i have it the other way around?

Bitcoin is doomed to fail, but cryptocurrency is the future.

I can see it someday replacing petrodollar

This whole argument is misleading because they are insinuating that mining power consumption is related to transaction rate which it isn't even a little. Also yes ASICs add much more power efficiency.

Loving Every Laugh

Pump my coin, Chinaman.

ABSOLUTELY BTFO HOW WILL THEY RECOVER

also, i never hear these faggots whining about how much energy their facebook posts are using or google searches are consuming. They all have big fucking datacenters

>faggots
Why the homophobia?

(((they))) arent going to let you get around with what they keep you enslaved with.

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>buying wowgold tier cryptocurrency that helps the jews continue to keep you under the boot
Gotta love the idiots that buy crypto shit.

How does it keep you under the Jews boot? It does the exact opposite and elimnates bankes from the equation. You can send millions worth in a single transaction, pay a tiny fee and no one will ever know. What the fuck are you talking about

Yeah! All those bankers printing off new Bitcoin!

Modern banking is far more energy efficient

>There are approximately 30,000 banks in the world, each one with servers, branch offices, and ATMs. As the Visa network is just that, a network, all transactions made on it need to run back and forth through banking infrastructure.

>There are a lot of middlemen in the process of doing a single Visa transaction. Therefore, Domingo asserts that the energy consumption of all banks is directly and inexorably tied to the Visa network.

>Adding together all of these factors, we get approximately 100 or so terawatts of power consumed by banks each year. Clearly, this pales in comparison to the 25-30 terawatts Bitcoin consumes.

bitsonline.com/bitcoin-vs-banks-uses-energy/

That's just for those operations, nevermind armored vehicles to carry cash around and all the people involved as well.

if it looks like a duck and quacks like a duck...

>run a bunch of computers all day every day
>run a bunch of computers all day every day mining

Liberals kikes will tell you this is somehow any different.

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>b-but o-one got a bunch of n-nazis rich

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Ye except traditional banks go trough the same amount of transactions each minute bitcoing goes trough a year with just 3 times as much energy.

if normies cared about the environment they would shutdown streaming services that are cancer like jewtube and twitch
Seriously I bet theres a data server the size of a warehouse full of twitch vods of dumbass millenials playing league of legends and recording themselves 8hr/day in 1440p to hundreds and thousands of IPs across international lines during peak data hours.
Imagine the amount of bandwidth wasted calculating, dissassembling and reassembling pixels of some kids "VIDYA GAME TRIPLE KILL MARATHON 24 HOUR CHARITY STREAM WORLD OF WARCRAFT KAPPA SUB TRAIN HYPE" all over the world 24/7 365 since twitch.tv came into existence.

You don't value human freedom then you don't value bitcoin. If you don't value human freedom then you don't value human life so do not be surprised when your philosophy is applied to you.

Bitcoin is pretty much the same function as gold. A universal non-fiat/non-sovereign controlled currency. you may as well stick with the one that's tried and true for 5000 yea\rs instead. It will perform just as well if you are buying bitcoin because you bet a USD collapse is coming (not likely).

If you're buying bitcoins to get away from bank control you ]are going to be disappointed. Goldman Sachs really doesn't care what currency or crypto currency you use, their main business is making money off credit spreads and brokering access to capital. They could be doing that with dollars, rupees, pesos or bitcoin, all the same to them.

If that was true, how could anyone make a profit if the transaction fees are only like $50 at most? Do Canadians spend less than $50 on electricity a month?

Energy is your argument? Jesus christ

Fuck off maple nigger.

solving the byzantine generals problem is NOT the same as ANYTHING you morons are saying

The reward for solving a block is intended to gradually lower, energy consumption will scale down accordingly as mining becomes no longer profitable.

seeAmount of transactions has no bearing on power consumption.

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>that power could be used for creating antimatter instead
>it's used for degenerates to mine coins so they can buy drugs
Days without jewish tricks: 0

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FAKE NEWS. Just like any peer-to-peer network, the more people that use it the faster the speeds will be. Do you even node bro?

Ticks all the boxes for not real crypto.

>There's a demand for a product we can easily produce
>We tell them to stop giving us a demand for that product.
Why not just build these guys a nuke plant?
Even when this whole shitstorm bursts, at least then we'll have a nuke plant paid for in part by the tears of bitcoin miners.

Iota solved this problem. Do some research cuck

Bitcoin is a dinosaur, its death will allow better platforms to flourish and no longer be tanked by bitcoin's short comings.

>and other cryptocurrencies
Proof of stake.

Bitcoin's problems are made up and put there purposely, see

>...crunching 26 quintillion hashes — that's 26,000,000,000,000,000,000,000,000,000,000

that is not 26 quintillion.

bitcoin was supposed to be the solution for microtransactions. but the average fee you have to pay to get a transaction through is $1.31. Gee, I love paying more than a dollar for the privilege of being able to send 25 cents anonymously to someone on the other side of the world.

tangle

KAPPA

meh, i'm not buying into the hype, but i did buy a few thousand dollars worth after mtgox went down. i cashed out for $140K. probably won't have that happen again, so it was fun while it lasted.

Would you send 25 cents worth of gold to someone across the world as payment? There are other altcoins less "lustrious" than bitcoin that you can use for change. Send 25 cents of doge instead.

give it another year and bitcoin will be at 100 terawatts, and then the year after it will be exponentially higher. ten years out, 50 years out. not looking good.

Even without thorium we could massively reduce waste generation and increase the available fuel supply by reprocessing spent fuel rods instead of just letting them sit around being useless lumps of metal at the bottom of a storage pool.

yeah, it is. are you such a dumb nigger that you can't see why that's a problem?

>technology never improves
>what are ASICs

Wouldn't it be some shit if what kicks off our civilization creating a dyson sphere is bitcoin mining.

yeah? they're currently being used by miners and they're using up that much energy, so what's your point? do you really think quantum computers are just over the horizon?

bitcoin and all crypto currencies are made by NWO kikes
they want a cashless society, a non physical currency would be their wet dream

My favorite cryptocurrency is runescape gold.

I don't see how quantum computing would solve the issue. At any rate, reducing power consumption is what we've always done. You do realize the reason your phone last all day isn't because the battery right (well maybe partially). Its most entirely through gained efficiencies.

Actually Runescape Gold Cash is the real Runscape Gold.

WHAT IS THE WHITE MAN'S CRYPTO CURRENCY & EXCHANGE AND WHY IS IT $DOGE & BITTREX.COM?

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Dude the federal reserve is a private bank ran by kikes for profit that doesn't even go back into the government spending on infrastructure or anything.
Are you retarded?

that's why russians and chinese love buttcoins, their governments/militaries can farm them basically for free while retarded westerners are seeing their electricity bills shoot up because electricity isn't dirt-cheap for them.

(((They))) are trying to shut it down with muh global warming.

i dont care what you just said the fact still stands that crypto currency is literally in the NWO agenda
non physical currency
easier to track and manipulate
and put interest on it when it doesnt even cost anything to make, etc.

The power consumption of bitcoin is the stupidest non news thing to come along in awhile. Power in the us isnt socialist, if you are using more power you are paying more for it. Nobody cares. This isnt a green issue, say like cars, where if you buy a gas car, that is another car on the road for 20 years that can only burn gas. Power plants are not consumer determined and bitcoin power is no more of a “problem” than your clothes dryer

i'm not sure how you increase efficiency fast enough to keep up with the growth slash increases in difficulty. if we were able to keep up, then wouldn't we already be seeing a downward trend in energy usage? i don't see anything magically happening anytime soon that is going to make the upward-pointing energy-usage graph suddenly become downward-pointing.

i guess you missed the part where a single bitcoin transaction uses up as much energy as a house does for a month.

that's not non-news, and you're stupid for saying that it is.

You're a dumb goy if you think bitcoin is any different than a credit card or debit card from a cashless currency point of view.
The real threat is microchip implants you fucking fraud.
Bitcoin is explicit-ally anti-kike.
Debate me, you won't win.

>what is economies of scale

Shits only a decade old (not even).

I never once said it isnt bad today
yes we live in a mostly cashless society at this point
but if you think going to a non physical cashless society is better than you must be like brain dead or some shit

idk man, you might be right, or you might not.i guess we'll find out in a few years. i do hope you're right, btw.

>Debate me, you won't win.

there's no doubt about that. you can never win against an idiot who keeps coming at you like a dumb truck.

Modern banking also handles millions of transactions PER SECOND faggatron.

First of all bitcoin is attached to any currency in the world, you can sell your bitcoin for Yen or Dollars so it's not like bitcoin is just a bunch of decimals on your computer screen.
Second of all fractional reserve banking on inflationary never ending debt is pure insanity.
If you support the federal reserve you should unironically kill yourself.

that pic killed me LOOLLLL

>brain dead or some shit
>an idiot who keeps coming at you like a dumb truck.
Wow nice rebuttal dude, glad we have concluded who is the better at arguments for the audience ITT.

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I dont support the federal reserve because its run by kikes
I dont support crytpo currencies because its run by kikes
you get it now?

Not really considering you could go make a crypto currency right now and start today on your own alt coin independent of any jewish bankers like many blockchain founders have done.
You probably can't even name 25 alt coins.
Don't discuss things you have no knowledge of in a perspective of giving advice.

sorry dude but if you are pro non physical currency you are pro NWO
and thats a fact
its not that hard to understand

2.5 GIGWATTS?!?!
2.5 GIGWATTS?!

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Only took ~50 some years since immigration act, where a bunch of commies/jews convinced the people "it won't affect the demographics" and other such nonsense, and now they are openly stating it isn't and never was a white english speaking nation; in fact, it was blacks who made this country great, everything is cotton!!! Everything a liberal says is either an emotional trick or a lie, guaranteed. It's pretty nice to be able to do or think exactly the opposite of whatever they say and be right.

Okay claim proof on how crypto currency is "pro NWO"

And offer your solution or alternative to "pro NWO" monetary exchange.
Bitcoin is the least kiked method of trade and you know it and your mother knows it too.
If bitcoin was "Pro NWO" then the mainstream media wouldn't be hounding it so hard like they always have.
If kikes wanted you to buy bitcoin then Fox news would be shilling that shit with CNN every night.