• LWD@lemm.ee
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    11 months ago

    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?

    • Infiltrated_ad8271@kbin.social
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      11 months ago

      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.

      • LWD@lemm.ee
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        11 months ago

        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.

        • Infiltrated_ad8271@kbin.social
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          11 months ago

          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.

          • LWD@lemm.ee
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            11 months ago

            nor have I minimized anything

            2 comments earlier

            Bitcoin ≠ Cryptocurrencies

            You minimized it, intentionally or not. If this was unintentional on your part, you can always edit your comment to point out:

            • Bitcoin is the biggest cryptocurrency by far, and
            • Energy-wasting (POW) cryptocurrency makes up the majority of all cryptocurrency