Bitcoin Forum

A group of people are going to campaign for a change in how Bitcoin works.

They will buy ads in mainstream media publications to spread some FUD about Bitcoin's proof of work.

Chris Larsen, who founded his own altcoin 2012, is going to be one of the people funding this campaign:


But of course, Bitcoin will just continue independent of this campaign:

Goodluck convincing the community that's pretty much the biggest PoS critics, to hardfork their chain into the thing they're most critical about lmao. It's like convincing Snoop Dogg to stop smoking weed.

Don't know, from a technical standpoint, if those things are possible (but I am sure the people campaigning for it know that), but those types of changes will have to be addressed if we expect mass adoption. The idea that things could technologically and ideologically stay the same is wishful thinking and even pessimistic thinking that this system can't get any better or be improved on. If that's really the case, than it's not a good system, to begin with.

In other words they are now admitting that they will be spending money to spread FUD whereas all these years they have been doing the same exact thing without admitting it.

Don't underestimate the power of brainwash. PoS wasn't created yesterday but the brainwash did which is why we keep seeing it come up every day for the past year or so.

Hear is the leading propagandist spreading misinformation trying to fool people into accepting his own shitcoin's fork to PoS is a good thing: https://vitalik.ca/general/2020/11/06/pos2020.html
Why? It's simple him and his foundation own about 72 million ether which they premined and is worth $246 billion. In PoW they can not make any money from those premined coins without selling them, that means it is worth $0 for them right now. However, in PoS they don't need to sell any coins, they will be paid ONLY because they own the premined coins and can sell that reward aka money-out-of-thin-air without losing their 100% control over the network.

Don't stop fighting the propaganda; https://bitcointalk.org/index.php?topic=5387588.0
PoS is a failed idea from 2012 that was proven to be flawed and useless 10 years ago.

Nothing will come out of this, or maybe just another alt as BSV and the BCH claiming to be the true green Bitcoin. Probably just a new way for a quick buck for some people selling the news, and probably many newbies will be fooled by this new "green" bitcoin but the original idea won't change any time soon as it has proven as the best solution by now.

A campaign? What kind of campaign? Obviously those people don't know how Bitcoin works. Make a BIP, and post it in the developer's mailing list, then see how the far proposal goes.


::)

The Ripple CEO? He's a mere shitcoin swindler, not a coder.

Plus "50 key miners, crypto exchanges and core developers have the power to change Bitcoin’s code"? They forgot about BIP-148.

If they're expecting investors to care about the planet, they're going to be quite disappointed.

And sure, a bunch of mining pools and a few people could have the power to change how the network mines but who's going to incentivise them to not want to make money and give up their infrastructure.

The moment they mention exchanges having to be involved in changing the protocol is probably the moment we can assume they don't actually know how they're going to do it without widespread adoption of a shitcoin that can replace bitcoin (and enough have already failed at that).

I have always believed that considering the greater purpose of Bitcoin the energy issue is just nothing. These FUD's are a well planned propoganda and not just stupidity. It is a bit late now for them to come with such FUD. Bitcoin's growth is inevitable now.

As usual, they won't become successful because they are only copycats of the original and there are lots of them who were created by those fools who wanted to get themselves some chunk of the popularity of bitcoin today. some of them went to invest their own stories like cult leaders just to get the investor's attention which lead to many investment losses because their promises weren't real and they've just hidden the fact that they are only creating this coin to pull the investors to their coin which doesn't really work till now.

If Larsen's justifications ever had viable merit, he'd have at least a little success with his own alt, or proven it with another alt in the many years since then.

Not saying PoS is entirely crap (I suppose it security weren't a major factor and you do want a blockchain just for playing games or messing with nfts that won't ever be worth anything, it's a brilliant way to use blockchain without worrying about 51%) but as pointed out, there simply isn't enough incentive to switch over. Not for the miners, certainly not for the users.

Cost benefit, people keep forgetting. Yes Bitcoin cost of maintenance is high. But what comes close to matching the benefit?

That's not their intention for sure. They certainly don't want to convince the crypto community or the bitcoin miners. They want to create a an opinion among the common mass who doesn't have much idea about bitcoin. It's easier to create a perspective in your kind, when you don't have an in-depth idea of the main concept. It's a psychological game they want to play.

I wonder who are funding such FUD campaigns from behind! I won't be surprised if I see some banker's name there!

I see this as a wasted effort already. This is similar to creating paid ads on mainstream media production to spread FUD to reduce the number of miners who confirm transactions on the blockchain. If there is any chance for bitcoin to switch from proof of work to proof of stake it will require a steady upgrade on the protocol software which will result some how on a split of protocol.

This FUD will only make sense in the minds of crypto novices or investors who are limited in knowledge about how the entire system works. I think the crypto communities should treat this as one of the numerous scandals against bitcoin so that it gets no implementation

The idea of changing the code of Bitcoin,in order to make it "less power hungry" has been shared multiple times across the years,and yet nobody hasn't been proposing any working solution.
I have nothing against a hardfork/softfork that will split the BTC blockchain and create some kind of "EcoBitcoin" or "Bitcoin Green".
It's pretty easy to predict that the Bitcoin Core blockchain and the Bitcoin Core community will remain united and a small number of altcoin seekers and environmentalists will support this "Bitcoin Green" PoS shitcoin.
Let them have what they want.They will leave the BTC community and probably stop with their FUD against Bitcoin.
I've always thought,that the freedom to choose between multiple options is what makes the crypto industry so appealing,even though 99% of the altcoins are shitcoins. :(

The joke of the matter is that a German newspaper reports today that behind the campaign is a millionaire financier who has provided a total of 5 million Euros for these ads. The statement of the activists is that the probability for the code change is low. They could have done so much better with the 5 million than to support a campaign that will not succeed anyway. One can really start to doubt the intelligence of these so-called climate activists.

Citing to Theguardian (https://www.theguardian.com/technology/2022/mar/29/bitcoin-reduce-energy-consumption-climate-groups), they will run digital ads across "Wall Street Journal, New York Times, Marketwatch, Politico, Facebook and other publications".

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Looks like they are aggressively attempting to spread the FUD to the mainstream people, which considering how cryptocurrencies exposure are recently blooming, there is a high chance that a lot of people got disinformed. In another hand, while inspecting their website(cleanupbitcoin.com), I couldn't be more irritated.

The funny thing is how could they ignore all nodes that contribute to the Bitcoin network. And the wording of "basic code change" is terrible, IMO. What is so basic about reinventing POW or migrating to another protocol, there are no such things as simple basic code change. And solely reconsidering it only for environmental concern wouldn't help it either. I think if the campaign gains any traction, there might be a new upcoming continuous FUD coming at Bitcoin.

I dont think the coin which is giving us more than $15 billion in rewards every year for mining work alone will go down just because of few FUD campaigns which are planned one. The FUD like this will never ever hamper the ecosystem of bitcoin which is built with excellent code, big aspirations behind the blockchain and infotech vision ahead of all!

The mining is still OK with what it does to the climate. I think they forgetting how a war which is live currently is hampering the climate and how they should be creating campaigns for the same and not against the Bitcoin. Bullshits!

Hmmm what can I say to them? Maybe a Good Luck is enough.
I don't think that they will be successful to change the code of Bitcoin from POW to POS. They can create a fork (like most are doing) but still Bitcoin will be on the top. Whatever FUD's they might create, I still believe that investors are more intelligent now. Still Good Luck with their agenda but it will be unsuccessful.

ha yeah i saw an article about this earlier and i was just shaking my head. I like how they act like all it would take to change this is just a simple code change haha. As though Bitcoin is just some centralized piece of software. Anyways, the PoW mining fud has been very strong the past year and it will no doubt continue as long as people stay uneducated about Bitcoin. This anti-PoW advertising campaign only serves to spread that un-education.

They've been publishing FUD articles in all the major media outlets already. Publishing ads on top of that is not really a big improvement in my opinion since ads are mostly ignored or blocked by ad blockers :P

What has been a big concern is that they are raising legitimate concerns involving cryptocurrencies then they expand those to bitcoin. For example they use the money laundering that is happening in the token market (mainly NFTs these days) then claim bitcoin's sole purpose is also the same.

Unfortunately this is a strategy that you can see in all of their FUD articles and the concern is that people believe such masterfully crafted content that has some traces of truth. To put simply regular people can't distinguish between bitcoin and shitcoins so by giving them facts about shitcoins they convince them bitcoin is the same.

In my opinion, to fight this type of FUD we need to clarify this distinction for newcomers.

They should use all that ad money to actual science and to help shift energy production from coal to green energy and not attack the systems like Bitcoin which do help the green energy production. Bitcoin already makes green nergy more affordable by makind wind energy, water, sun... more affordable, because energy company can get more money of those with bitcoin mining. Because there are always excess energy created by those that does not get used right away so it gets wasted and energy company does not get any money of that wasted energy. Nowdays there can be miners turned on when there are excess energy so it is more affordable to open new green energy.

It is also interesting how Exxon Mobil is making oil drilling more environtally safe by using flare gas for Bitcoin mining instead of burning it to sky to pollute the climate.

Because they're argument is flawed built on the wrong assumptions. Because "they" didn't take time to understand that the issuance of the currency within the protocol through POW is necessary. It's not only necessary, it's the only way to issue the currency credibly. THROUGH POW.

Change the code... make it centralized, look Vitalik is doing it... must be great.
Yeah, let's change everything for ''the climate''... just look how great shitereum is doing reversing transactions and changing their code all the time, planet is saved for sure ::)
Same people who are sharing this stupid campaign are also saying that people over 60 are responsible for third of greenhouse gas emissions... and than you know what would be their next ''ultimate solution'' for this issue.
Bitcoin affect on climate (that is always changing btw) is so miniscule compared to everything else and it only looks bigger if you are looking at it with a magnifying glass

To them and at least 80% of those who think they know something about what Bitcoin is and how it actually works. Because the average person still trusts the mainstream media, and we all know that these media are under the direct control of the world's greatest powerful people who form a public opinion through them. Even if you know something, at some point you may wonder if you were wrong all the time after they started bombarding you every day with the news that Bitcoin mining is the killer of planet Earth, that it is used only by criminals and terrorists and those who want to escape paying taxes.

I have had the opportunity to meet all of them in real life, and these people do not deviate from their position no matter what someone tells them. If the guy who's going to fund this campaign believes in what he's been advocating for 10 years, then there's nothing we can do about it. Some will say that it should be ignored as Faketoshi, others that it should be retaliated against with the same measure, but no matter how someone puts it, I am sure that all of them will sooner or later fall into the hole they are trying to dig for Bitcoin.

Actually, Bitcoin does not affect climate at all. There are zero carbon emissions by Bitcoin. Coal and other polluting energy creation affects climate. Not matter where that electricity gets used. So it is not Bitcoins problem, it is energy creation problem.

if the XRP founder thinks switching algo will 'fix' bitcoin.. then why is XRP so crap.. yep answer is because the lack of cost in making XRP is why no one values it more then $1

there is a reason why even in the most cheapest mining cost for bitcoin, the price at the same time does not go below that price.

same with gold no one would sell gold for under $1k if it cost $1k+-$2k to mine it.

XRP has no real cost hense why its at under $1 right now

..
as for the debate about energy usage of bitcoin.
it has already been worked out that if all cars(just family cars) were electric it would require 4000x more electric than bitcoin worldwide.
then add on the trucks and other vehicles and you soon realise that bitcoin is miniscule compared to other 'new tech' demands of this last and the next decade

Well, the nice thing about bitcoin is that if you don't like it you can try to make a fork, then people will decide which version to embrace. Does Larsen really think that the bitcoin community will choose a fork with a guy like him behind it? Good for him, for me this idea will fail miserably. I'm pretty sick and tired about this environmentally FUD about bitcoin, they have no idea what they're talking about.

It's true that Bitcoin won't turn to PoS, it'll just be a new altcoin. And I do agree that climate change must be taken seriously. But turning to proof of stake won't solve climate change and will negatively impact Bitcoin. So such 'clever' solutions aren't helpful, not to mention how many times it was discussed that the impact of mining on climate change is often exaggerated. If they want PoS, they can campaign for using PoS coins and not using Bitcoin. Why would they attempt to change Bitcoin to meet their views and needs? And why not campaign for cleaner energy instead, to reduce the impact of mining on climate change?

It may not become a big improvement, but for those regular users who don't even use adblocker, they may fulfil the FUD narratives, which could make the narrative even bigger. Some people still got scammed by ads, anyway. I believe rather than the ads being ignored, the ads could likely have the chance to make mainstream people aware that there may something wrong with Bitcoin.


I believe I'm not thoroughly watching the FUD narrative evolve as you may did. But yes, educating a great distinction should follow in against to fight what they tried to do. After all, the longer Bitcoin stands its time, I believe it should make people realize that there is something essential that is tied to bitcoin. I presume it is kind of similar like Bitcoin Obituaries (https://99bitcoins.com/bitcoin-obituaries/).

I wouldn't say they are all like this. A lot of them believe in what they are told by the censored media simply because nobody has ever told them otherwise! For example they believe the "bitcoin PoW bad" FUD simply because nobody explained to them why it is FUD. Although I agree that there are some people who are too brainwashed to be saved :P

It is pretty hard to go against the massive propaganda machine with infinite funding that has been brainwashing people for decades but I have found out that it depends on how things are explained. A well versed person simplifying things based on their audience and talking with facts is very useful in countering propaganda.
For instance a lot of people believed Faketoshi but when explanations came out by experts, many of them were convinced he is a scammer.

There are definitely too many of them, and I can only say I'm sorry I spent too much time trying to explain some things to them - and in the end I turned out to be some kind of criminal just trying to trick people and launder money through Bitcoin. While I wouldn’t agree that it’s just brainwashing, some people are just less intelligent (not to say stupid) to figure out some things.


Some realized after a long time, but the problem is that they believed in something at all that did not have any solid facts, and it was based on the words of a person who simply said "I am Satoshi". If someone who was one of Satoshi's closest associates can be convinced of such lies, then what to expect from the average person who watches it all from a great distance.

the other propaganda is "bitcoin cant scale, so off-ramp to these other networks please, which we will call bitcoin+1, bitcoin2.0 or bitcoinL2 or something snazzy to steal instant fame without the hard work and without actually having all the features of bitcoin"

the thing is for years people have been crying[fake or misguided tears] about how bitcoins blockchain is [400GB] and growing, and how thats a reason to stop using bitcoin..

much like shouting "dont watch movies on you phone because a HD movie is 5gb but thats only 1 day of TV sofa binge watching you phone is capable of. so lets destroy phones and the internet and also movies"

kodak made that fatal mistake in the 90's when they didnt progress to digital because they thought 1mb images would not scale on digital storage

yet ethereums blockchain is 1TB. yet people still use it alot. and are developing alot of stuff on it. more then whats being developed on bitcoin in the last 7 years to improve bitcoins utility. (and i mean.. on bitcoin.. to strengthen its bitcoin main-net utility (i do not mean the side chains and bridged/pegged altnets pretending to be bitcoin))

so pretending that people wont/cant/shouldnt use bitcoin, or pretending bitcoin is dead, or pretending that bitcoin is a environmental disaster.. where bitcoin needs to be replaced/changed to remove its uniqueness or just killed off by a new network.. is just propaganda to get bitcoiners to stop using bitcoin to then use a different token/network/coin/system of lesser quality, but fake pretend the lesser quality networks/forks are same/better then bitcoin

if you want a variant of bitcoin without the SHA256 ASIC heavy mining.. there is already:
'bitcoin diamond'
'bitcoin atom'
[insert 100+altcoins]

Of course, a founder of this scam coin that does nothing and gives nothing to the community. All it does is advertises itself and pays wages to a board of directors which is all financed from its huge premine. They capitalized on the fact that it was very early in the coin space and most coins that were created in the first few years of Bitcoin's existence managed to survive even though they weren't fulfilling their promises. XRP was supposed to be a payment coin accepted by the banks. 10 years later it still isn't and this guy has the nerve to criticize bitcoin and campaign against proof of work.

Haha I know what you mean. I've been stuck in this situation too, they even tried to convince me that bitcoin is a scary thing that I should stay away from while they don't even pronounce it right :)
In my experience these people come around though (which is why I think they are just brainwashed). The same person contacted me to admit he was wrong after he heard the news that the parliament was passing a law to legalize using bitcoin for import/exports.

The situation was a lot shadier than that. I don't believe he was fooled at all, he was convinced through other means (financial persuasion is one of the possibilities, 3 letter agency involvement is another).

That's realistically impossible. Each one of us (even in this forum) has a certain limit in informing and affecting people; we're limited in borders. For example, whatever I say or create in this forum or even in social media is very limited. On the other hand, the one who controls the media can accomplish this much easier. And that's a serious sociopolitical problem, beyond Bitcoin.

I believe we do our best, though.

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I'm stealing this from WO, 'cause it's hilarious:

Have you guys seen the original? I'm linking it here. It's hilariously wrong in all aspects.
https://www.youtube.com/watch?v=0Hdjt0cqLuA

What's even better is that there is also a voice-over which corrects all those mistakes (basically always the exact opposite of what's been said in the original) which is funny but also in my opinion very educational for folks that actually believe what they've heard in the first video (or anywhere else that PoS fans spout their nonsense):
https://www.youtube.com/watch?v=AQq5M04lju4

Both are under 2 minutes each; I recommend watching back to back, it's pretty funny.

Careful, don't fall out of your chair on this one:
https://github.com/bitcoin/bitcoin/pull/24731/commits/746c75a33c3c822bf04e16d435a3fef7ccb7da4e


Change code

This changes the code.

PoS has several outstanding problems, see for example section 4.2
"Costless Simulation" of https://download.wpsoftware.net/bitcoin/pos.pdf .
Simply signing the blocks with a predetermined set of keys has similar
tradeoffs, but an often disregarded advantage: A limited set of (let's
say 2) block signers consumes 99.5% less energy than a larger set of
(let's say 400) participants in PoS.

Luckily, in Bitcoin Core this consensus mechanism is already implemented
and the code changes required are trivial. Nonetheless, review is
appreciated.

And certainly bitcoin hasn't changed just to serve billionaire gentlemen.  Lol, They are trying to entice others with FUD and reluctantly donate to enrich POS slaughterhouse.  But what bitcoins are generated cannot be altered by tampering.  Bitcoin's support will be there for it to be the only independent block.  I believe it is the right thing

We seem to have talked to the same people, because even today some people persistently say Bitcom instead of Bitcoin, which can be quite irritating considering that you have told them countless times what is right and what is not.


I was not so lucky, everyone who had a bad opinion of Bitcoin, still has it today, and to get rid of them I always tell them that Bitcoin failed and that I lost everything I invested - for some, it is enough to be happy (because they were right), and I no longer have to listen to their nonsense.


It is possible, because it is known to whom he went to talk about Bitcoin for a fee, which showed that he is a person who has a price. What is not clear to me is how Satoshi did not notice who he was dealing with until it was too late, and even how he listed him as one of the people to whom he leaves his project. But we must accept that there must be rotten apples in every basket, as well as black sheep in every flock.

Honestly, this is a pretty good point that I don't hear a lot.

Like: If energy producers only / mainly sell 'dirty' energy, the user can't do a lot about it. At that point you can even ban the general use of electric devices, because many people power them off of non-renewable energy.

In fact, the one thing you can do if you're in the situation where you need to buy non-renewable energy is building your own clean energy source, which is what many miners are actually doing. :D

My question though, is: why do they just believe what someone (anyone) is telling them? Why can't they think by themselves and simply make up their own minds? 'Thinking' should be taught in school, if it is not. Because otherwise majorities of people will become victims of any mediocre scam(mer).

This is getting OT, but have you tried spinning up an Ethereum node? Because it's not as trivial as running a Bitcoin node. It needs a lot more computing power and of course storage. Since you also usually don't get e.g. 1.5TB SSDs, you're looking at buying a 2TB drive instead of a 1TB one which will last a lot longer; those 2TB will be filled rather quickly. Remember 400GB in 13 years vs 1TB in 6 years means it's growing over 400% as fast.
This disincentivizes hobbyists to run their own nodes and leads to more centralization, which I believe we can all agree is bad.
Only because people use it and develop on it doesn't mean it's good. Like, people build businesses on FIAT, so why not stick with that (if that's your argument for Ethereum or big blocks ;)).

That's a hard thing to answer since it needs some human behavior and sociological studies.

I suppose part of it is because people generally like to be told what to do and how to think, that's why hierarchies exist. People love to look up to someone. For example if there is a guy who is a billionaire then he must be wise too and people take whatever he says as the truth even when he says "bitcoin is rat poison".

Another part is that this characteristic has been exploited by the minority in power using the media. For example I recently watched a video someone posted on bitcointalk of a supposedly fantastic video about economy, in that video people were basically being brainwashed into accepting that debt based economy is a good thing, inflation is beautiful, the crashing economy every couple of years is a good thing, the inevitable recession where millions of jobs are lost every now and then is a beautiful thing! Funny thing is that he was admitting that this kind of economy destroys production and encourages people to borrow more to spend more and be up to their necks in debt instead of working and producing more to help the economy actually grow instead of fakely inflate.
It resembles a lot like the dangling carrot ;)

And finally I think it is a combination of lack of time and memory. As I said before, people don't have time to investigate everything they hear every day specially since we are bombarded by a lot of information on daily basis. So when they read a popular media outlet saying "China banned bitcoin" they believe it even if this is the 100th time they publish the same lie over the past decade which brings us to the second part, lack of long term memory... They keep believing the same outlet that lied to them before simply because they forgot the past.

From the unsent the POS has always been a part and parcel of the ethereum blockchain and the critics will never seize to exist, take it or leave after this campaign there will still be several others that will come against Bitcoin POW.

So let the mainstream media continue with their campaigns of conspiracy

The only people pushing for PoS are the rich people with a lot of tokens. He probably pre-mined the shit out of the Alt coin he launched and made a lot of money and then he sold that before it collapsed and then he bought a lot of bitcoins. Now he wants these bitcoins to work for him (Passive income) and he got some other "Money bags" to support him.  ::)

The "Climate" excuse is just the smoke screen to hide the real agenda.... "Making money out of nothing"  ::)  (Let's not forget that a hardfork, will give them a shitload of Alt coins too, so they make even more money)  ::)

Come rain or come sunshine, these campaigns of defaming or spreading falsehoods to try and on board crypto users from bitcoin to other crypto projects won't and will never be an easy road because bitcoin established itself in the toughest of conditions without really marketing itself to the world.
No amount of FUD will shake up the bitcoin community, throw some block wars,fork wars we immune to all the FUD,we true to bitcoin without any shakeup.

I like it and I hope for another fork, followed by a nice pump. I will sell all the shitty fork coins and say thank you for the airdrop. It was real fun to sell BCH when it pumped up to 0.5BTC/1BCH.

But, the environmental damage of mining bitcoins is pretty much convincing, I'd say, for someone who's no idea about it. If they don't even know that Bitcoin is a currency, it's very easy to conduct propaganda against this energy waste for a "non-tangible thing".

It's not. School focuses mostly on the vocational training and much less on critical thinking. It pushes you to study exact sciences, but not sociology and economics as they're "secondary".

And, unfortunately, that makes perfect sense as it doesn't favor those in power. They'll brainwash you to death to feel you need them. At some point, even ideas worth spending which will attack this broken system, will be rejected biasedly. Take Bitcoin for example. This Morhpeus quote takes the cake:

It is not suitable to change Bitcoin to this now, as it would fundamentally undermine all the trust in it to this date, but this is bad news for Bitcoin in the long run. The world is in the midst of an energy crisis, just look at Europe having to depend on Russian oil & gas while simultaneously sending weapons to destroy the Russian military invasion - it's the height of hypocrisy from both sides. If the energy war does escalate further, then cryptocurrency miners will absolutely be shut down in the EU without a second thought, because although it gives digital financial transparency it has a high energy usage and there are already existing financial networks operating for the majority.

First of all, the EU can't just shut down cryptocurrency miners. How are you going to figure out if a kid in his room is playing video games or mining Ethereum on his GPU? How do you know whether someone's company just runs powerful electric machines like metal milling CNCs or a few ASICs?
Furthermore, mining isn't big in the EU anyway and banning / shutting it down (it's not possible, but let's assume so), will have 0 effect on energy usage.
It's like saying 'Oh my car is burning too much gasoline, so I'll put in 1 drop of olive oil into the tank, that will surely improve my mileage'. The effect will be negligible.

'it has a high energy usage' it actually has not.
To pick up BlackHatCoiner's The Matrix reference: I believe you're not 'unplugged' yet.

I encourage you to educate yourself, starting maybe with the two video links that I posted:

$5M for a FUD campaign? Well it figures, that bank centralized altcoin of his isn't doing so well, as expected.
Of course some of that money is going to politicians, this is a lobby from an interested party.
Bitcoin has so many enemies, people who hate losing their ill gotten power.

The market is simply moving mining from polluting non-renewable sources to clean renewable sources, there is nothing to do here. Of course there is the obvious hidden intention to destroy Bitcoin, yet another one destined to fail miserably as that altcoin of his.

We’ve had block size wars, this will be no different. They can fork the code & have their own pussy ass, Greenpeace XRP shitcoin but it doesn’t matter. We might get a bunch of FUD & the bitcoin price will dump a bit but it’s all futile really. Bitcoin will recover & head to new highs in the medium term & this POS shitcoin will trade at pathetic prices.

These people will never learn. They like bitcoin but they hate that they can’t control it. Bitcoin is so amazing that a dozen or so billionaires just can not control it. They can’t change the code, their stinking fiat has no power with bitcoin & that’s what they can’t accept.

This will pass, like all FUD before it. Oh & thanks for the free shitcoins which I will convert to bitcoin.

Find the error: They want us to buy electric vehicles to save the planet, which will consume extreme amounts of electric energy, while Bitcoin mining destroys our planet consuming the same type of electric energy.

https://i.kym-cdn.com/photos/images/newsfeed/001/468/512/1a0.jpg

lets add some context (https://cdn.motor1.com/images/mgl/B8rVv/s1/top-7-plug-in-cars-listed-by-price-per-mile-of-electric-range.jpg) too
              miles        battery         miles per
             capacity     cap KW           kw
leaf           150             40             3.75
e-golf        174             36             4.83
ionic          124             28             4.43
focus         115             33             3.48
bolt           238             60             3.97
tesla3        220             50             4.40
             average miles per kw:  4.14

(rounded pencil math for easy demo)
if an average car does ~20 miles a day(just journey to work). an average car uses ~5kw a day
1 asic uses 3kw an hour or 72kw a day.. meaning 1 asic compares to 15 cars

bitcoin network hashrate suggests ~1.5m asics world wide and reports suggest america is 33% of network
thus 500k asics in america

thus, drum roll
bitcoin US represents only 7.5million electric cars...

so if the US government are having electric problems and concerns with the equivalent of 7.5million cars worth of energy of a new tech..
just imagine when all american cars need to be electric.. yep all 289.5million registered cars are needing electric

yep the car industry will be a problem 36X bigger than bitcoin, and that was me being generous with my rounding so expect it to be more
(for the numeric knitpickers, actual decimal number is 36.75769152x)

if america is suffering "capacity issues" about not being able to provide renewable energy to industries like asic farms where they instead want asic farms unable to get renewables to shut down.. then imagine the problem multiplied 36 times when car owners want to get to work each day