It’s because BTC energy use is wildly out of proportion to the benefits. A single BTC transaction costs roughly $200 in energy. The fee is currently less than this because the miners get seignorage f… (View Post)

Not speaking for BR here, but BTC is a really terrible currency. At best it’s a private commodity that has no price anchor. There’s no there there except your ability to convince the next buyer that … (View Post)

Yes, Bitcoin is a negative sum game, thanks to the cost of mining. Economically it is a net negative, like gambling. (View Post)

[deleted] (View Post)

In a perfect world, without tactical voting, then sure: MPs could have voted for those things they would have been willing to accept & we might have found a compromise. Unfortunately, large block… (View Post)