Bitcoin is the first in a huge series of crap for speculation, but it’s not the whole thing. A good example is several central banks that are creating their own cryptocurrencies, centralized and generally fundamentally opposed to that.
How did you manage to twist a truism into a fallacy? You shouldn’t make these claims, because if anything arguably you used a hasty generalization or fallacy of composition.
Not all cryptocurrencies are bitcoin nor do they work the same at all. For example, many don’t even use “mining”, which is the source of bitcoin’s outlandish energy waste. I really have no interest in discussing cryptocurrencies, but at least don’t do so in defiance of common sense.
Bitcoin’s outlandish energy waste is the point, and it’s the point of a whole category of cryptocurrency that dominates the market charts.
If you’re trying to convince people not to be distrustful of cryptocurrency, don’t downplay what’s actually being used. Otherwise, they’ll be (rightfully) distrustful of you too.
That’s not my point, I haven’t tried to convince anyone to trust anything nor have I minimized anything. I don’t know if you’re a troll or just want to argue in bad faith, but I’m out.
Bitcoin ≠ Cryptocurrencies
Bitcoin is the ur-cryptocurrency, the Original Sin from which all of the other flaws from cryptocurrency arise.
Bitcoin is the first in a huge series of crap for speculation, but it’s not the whole thing. A good example is several central banks that are creating their own cryptocurrencies, centralized and generally fundamentally opposed to that.
Banks:
You were a troll after all. Blocked.
Can you block me too please?
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deleted by creator
Right… Bitcoin is only #1 in market cap, triple of what #2 has.
Instead of handwaving the facts away with a poor man’s “no true Scotsman” fallacy, why not engage with them?
How did you manage to twist a truism into a fallacy? You shouldn’t make these claims, because if anything arguably you used a hasty generalization or fallacy of composition.
Not all cryptocurrencies are bitcoin nor do they work the same at all. For example, many don’t even use “mining”, which is the source of bitcoin’s outlandish energy waste. I really have no interest in discussing cryptocurrencies, but at least don’t do so in defiance of common sense.
Bitcoin’s outlandish energy waste is the point, and it’s the point of a whole category of cryptocurrency that dominates the market charts.
If you’re trying to convince people not to be distrustful of cryptocurrency, don’t downplay what’s actually being used. Otherwise, they’ll be (rightfully) distrustful of you too.
That’s not my point, I haven’t tried to convince anyone to trust anything nor have I minimized anything. I don’t know if you’re a troll or just want to argue in bad faith, but I’m out.
2 comments earlier
You minimized it, intentionally or not. If this was unintentional on your part, you can always edit your comment to point out: