Have you ever applied? you seemed quite the character back in your video posting days.Love Island should be banned, yes.
Tbh gold only has value because we all agree it has value. It's a fairly useless metal.
When this government reaches its logical conclusion tinned goods and can openers will be more valuable than gold.
Love Island should be banned, yes.
Of all the places to read such a statement I never thought I'd see it on a forum about computersTbh gold only has value because we all agree it has value. It's a fairly useless metal.
So those of you that dig bitcoin, do you just like it because you've made a few thousand quid or you think it's a sustainable currency?
If we crack fusion power or 100% renewable then surely bit coin is going to become worthless? Because other than power use I don't see what else you can base it on in reality, [..]
[..]
I would say the economics is actually mind-blowingly simple.
You buy them when the price is low and sell them when the price is high.
There's nothing special or unique about bitcoin in this regard, the same applies to pretty much anything which can be traded.
As an aside, neither fusion nor "100% renewable" will make electricity free.
Its just something that can be traded, not some new miracle currency. It only has worth because its artificially scarce and people want it. I hope it's just a fad really it's pointless.
Not really accurate though. It has worth because people have decided it has, yes. Yet, it's a system that runs with no corporation behind it. It's reliant on peers to keep the network active, which allows a personless system to transfer BTC from one to another, with immutable transparency. You don't have a bank managing your money, you don't have to request anything from a bank, it sits where it is and moves when you say it does. A bank doesn't reinvest your BTC to make money from it, it's there and yours. Simple as that.Its just something that can be traded, not some new miracle currency. It only has worth because its artificially scarce and people want it. I hope it's just a fad really it's pointless.
Not really accurate though. It has worth because people have decided it has, yes. Yet, it's a system that runs with no corporation behind it. It's reliant on peers to keep the network active, which allows a personless system to transfer BTC from one to another, with immutable transparency. You don't have a bank managing your money, you don't have to request anything from a bank, it sits where it is and moves when you say it does. A bank doesn't reinvest your BTC to make money from it, it's there and yours. Simple as that.
people have faith in bitcoin though it's like a religion now.I can't personally trust a currency that doubles in value over a week or 2.
It's a beautiful idea but it's nonsense right now.
Anyone can start an Blockchain currency, dogecoin ffs, and start the cycle again ad infinitum.
Anyone can start an Blockchain currency, dogecoin ffs, and start the cycle again ad infinitum.
I read this as:
"Wahhhh, wahhhh wahhhhh, wherez mu geeepeeeeuuuuu"
One option to conserve energy and stop these greedy miners from making money from our resources could be to give every household/building a certain amount of electricity at a fixed rate, and anything over that goes to really high rates. All properly regulated of course.
Let's see the miners make their silly currency worthwhile when their electricity rate is £5 per kwh. It's probably all heading this way anyway given the population increases and supplies running out.
Love Island should be banned, true. But not because it's a waste of electricity/oil.
An insult to crying babies.
GPU shortage has nothing to do with miners. Even a baby can understand that