Bitcoin is the worst waste of resources and energy in human history. It is solely used for financial speculation, with no genuine utility.
This is a call to ethical hackers: through targeted and repeated computer attacks, we could undermine the confidence of speculators and burst this irrational and destructive financial bubble.
This is so wrong, but i don’t know where to begin.
On second thought, the links from @Talkless@lemmy.ml are a very good start. I didn’t even know about most of those examples.
@glennsl@lemmy.ml Provides good responses here : https://lemmy.ml/post/52352/comment/33653
I disagree that it’s good response. I’ve posted counter-response.
Some anti-FUD for you:
https://reason.com/video/2021/02/05/bitcoin-is-protecting-human-rights-around-the-world/
https://www.upstreamdata.ca/post/natural-gas-venting-how-bitcoin-solved-a-160-year-old-problem (https://twitter.com/Beetcoin/status/1120277815058944001)
https://finance.yahoo.com/news/study-over-74-bitcoin-mining-180300738.html
@glennsl@lemmy.ml Provides good responses here : https://lemmy.ml/post/52352/comment/33653
Why not also destroy the entire architecture of high frequency trading, too?
Please read the Bitcoin Standard to get a better understanding on the topic. As long the global finance system works as it does now, there is no way Bitcoin will disappear.
What you call “financial speculation” is just people discovering a new tool to protect their lifetime effort and you think you have a suoerio moral and are capable to take better desicioms for those people. You are just an angry human that doesnt like something and want to use force to change it, the rest is just a bunch of your cognitive byases making sense out of it. Go study some austrian economics before talking about speculation like a bad thing