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Author Topic: This is why crypto will die  (Read 298 times)
coinycoiny (OP)
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January 20, 2018, 08:36:47 PM
 #1

First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.

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January 20, 2018, 08:55:30 PM
 #2

First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



Someone forgot to take his meds today  Wink
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January 20, 2018, 09:01:20 PM
 #3

First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.


Your post shows a lack of understanding of the fundamental science behind cryptocurrencies. Crypto has nothing to do with destroying the environment. And by "destroying the planet", I'm guessing you mean all the energy that goes into mining Bitcoin and other proof of work based cryptocurrencies. Bitcoin and several other cryptos use proof of work, which requires a huge amount of power. But, that is not a property of cryptocurrencies in general, that was one implementation to make the network more secure. In the future, cryptocurrencies will adapt to be more energy efficient, and that is already happening. Thus, your post is not considering advances in technology.
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January 20, 2018, 09:02:16 PM
 #4

First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



I guess this was discussed before , personally I don't care about that cause there are many other harmful things
anyway proof of stake doesn't need these machines , so even if you care that much about the environment you can't say that all crypto are bad
still you can mine with clean power if you have access to it  Smiley
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January 20, 2018, 09:05:30 PM
 #5

Yes cryptos like bitcoin will collapse because they are driven by speculation and waste  lot of energy. There is no future for anything which is not environmentally friendly. So China is doing good thing banning it as it is another volatile bubble and unpractical. 
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January 20, 2018, 09:05:34 PM
 #6

I do not quite understand your aim of raising this topic. Yes cryptocurrency mining consumes power but if you do not know there are advances in the Tchaikovsky behind cryptocurrency mining that will enable it to mine in a more exodriendly way. You do not have to speak ill of BTC just because you lacj sufficient info of it.
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January 20, 2018, 09:08:08 PM
 #7

First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



You sounded more philosophical if you ask me because taking what you type here literally would mean someone who is not communicating anything but beyond that I guess you talking about environment impact of crypto but that should not be a concern at all. Crypto does not use a special form of energy. If today, we no longer on plants or dams to power our houses, and we using something else so also would mining use such energy nothing more or less than that. So other thing can kill crypto but not based on your theory.
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January 20, 2018, 09:44:07 PM
 #8

First watch this vid.
Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.

Looks like you are a 'narrow minded' person, you can`t take advantage of objects, which exist in the world including crypto. Now is the modern age, we are required able to take advantage of the situation nor conditions that exist with the best of it. Remember, everything that is created brings benefits, and disasters each, but everything is back to you, in what way do you do it?

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January 20, 2018, 09:49:57 PM
 #9

First watch this vid. Crypto is incentivising people to destroy the planet. At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next. If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.
Looks like you are a 'narrow minded' person, you can`t take advantage of objects, which exist in the world including crypto. Now is the modern age, we are required able to take advantage of the situation nor conditions that exist with the best of it. Remember, everything that is created brings benefits, and disasters each, but everything is back to you, in what way do you do it?
Let me tell you the most basic information, why do people like cryptocurrency. Look at the price of Bitcoin a few years ago, you'll know that the price of Bitcoin at that time is still hundreds of dollars. Now, look at the current Bitcoin price, you'll know that Bitcoin's price has become thousands of dollars even tens of thousands of dollars. With so many price increases going on in Bitcoin, of course many people will be interested in buying, collecting, investing and storing Bitcoin. Given that, do you want everyone to ignore crypto? Cryptocurrency is the latest solution and innovation for the world economy. So it can not be eliminated. Can only be developed only.
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January 20, 2018, 09:51:36 PM
 #10

I do not quite understand your aim of raising this topic. Yes cryptocurrency mining consumes power but if you do not know there are advances in the Tchaikovsky behind cryptocurrency mining that will enable it to mine in a more exodriendly way. You do not have to speak ill of BTC just because you lacj sufficient info of it.
Mining will allow Bitcoin to be worth more, there is more coins that have not been sold before. That will cause the price to appreciate.

 
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January 20, 2018, 10:16:56 PM
 #11

This dude may not have taken his meds, but hey--all of this crap is worth considering, right?  Drives me nuts when the ignorant bulls try to destroy any skepticism about crypto.  But that happens in every runaway bull market/bubble.

Having said all that, I don't think bitcoin is going to affect anything except the economics of the world, and even that will depend on solving its many problems (confirmation times and fees among them).  We're already headed toward a cashless world, and things like crypto were inevitable.  They might take their toll on our power grids but I highly doubt that's going to be significant.  We'll see in 20 years.  We might be living on Pluto by then anyway.

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btc_angela
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January 20, 2018, 10:23:11 PM
 #12

First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



I guess this was discussed before , personally I don't care about that cause there are many other harmful things
anyway proof of stake doesn't need these machines , so even if you care that much about the environment you can't say that all crypto are bad
still you can mine with clean power if you have access to it  Smiley

This was discussed before and this is another argument against bitcoins. LOL. I'm sure that we are going to see this trend now, bitcoin is not eco-friendly because its affecting Mother Earth and destroying it, blahh... blahhhh...

Next, we are going to see "Greenpeace" here, arguing not to take action against the (Bitcoin) whales. LOL  Grin

I also see what you are trying to do here, clickbait to your vids on Youtube. Wink

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January 20, 2018, 10:30:48 PM
 #13


Next, we are going to see "Greenpeace" here, arguing not to take action against the (Bitcoin) whales. LOL  Grin

I also see what you are trying to do here, clickbait to your vids on Youtube. Wink

Greenpeace will finance their crusade with BTC because they are that dumb. I remember when they were protesting against oil rigs and went cruising around them in an oil fueled ship. They were basically burning fuel to protest against that same fuel.
As for the clickbait it's probably some friend's video. He wouldn't be running a farm and hating bitcoin at the same time Grin

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January 20, 2018, 10:40:45 PM
 #14

I can think in all directions and I do not see how cryptocurrency can destroy the planet
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January 20, 2018, 10:48:55 PM
 #15

First watch this vid.
Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.

Looks like you are a 'narrow minded' person, you can`t take advantage of objects, which exist in the world including crypto. Now is the modern age, we are required able to take advantage of the situation nor conditions that exist with the best of it. Remember, everything that is created brings benefits, and disasters each, but everything is back to you, in what way do you do it?
yes, I agree with you, that his thinking is too narrow and also like the words of people who hate the crypto world.
should everyone be able to use technology today, because with technology will be able to provide many benefits. then people who can not use technology, then he will be left far behind.
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January 20, 2018, 11:00:13 PM
 #16

Op's curiosity, pessimism and fears should be allayed. The effect on power isn't going to bring cryptos down. We are in a developed world and  technology is being modified to suit the current  challenges of the world.

Ozone depletion used to be a public and the world's fear few years back but it has been taken care of with so many solutions like avoidance of pulling trees down, avoidance of burning of bush, planting of trees also called green revolution . The energy consume in cryptos are however not a challenge that can't be met.
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January 20, 2018, 11:05:16 PM
 #17

wait, you think we "fixed" the ozone hole problem?   Huh
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January 20, 2018, 11:45:12 PM
 #18

I agree that most of coins now will not survive in the next decades. But the current top 1-20 coins will surely stay  in the battle road.

First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



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High fees = low BTC price


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January 21, 2018, 12:38:38 AM
 #19

Double agent: S-M designed mining to create CPU-Wars and the wheels are falling off his
invention that they knew from day one would not scale and many believe our Japanese hero
probably worked for the CIA or MOSSAD and I agree

Lightning network hubs are banks
https://bitcointalk.org/index.php?topic=2776719.msg28395400#msg28395400
I am waiting for someone to debunk this if they can   

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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January 21, 2018, 12:40:14 AM
 #20

Thank you for the replies guys.

Its a bit like talking to Jehovah's witnesses on here but I do enjoy a challenge!

Oh well, back on the meds.
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