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Topic: "Change the Code, Not the Climate" FUD campaign coming next month (Read 542 times)

legendary
Activity: 4214
Merit: 4458
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.

lets add some context 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
AGD
legendary
Activity: 2069
Merit: 1164
Keeper of the Private Key
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.


legendary
Activity: 3080
Merit: 1593
#1 VIP Crypto Casino
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.
legendary
Activity: 1988
Merit: 1561
CLEAN non GPL infringing code made in Rust lang
$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.
hero member
Activity: 882
Merit: 5818
not your keys, not your coins!
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:
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
legendary
Activity: 2646
Merit: 1176
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:

Larsen said Bitcoin’s power consumption issue could be fixed via a soft or a hard fork -- both changing the network’s code to make Bitcoin less power hungry. A soft fork would preserve Bitcoin as a single blockchain. A hard fork would split Bitcoin into two separate networks, one supporting miners and the other running different code -- perhaps Proof of Stake.

The campaign believes that about 50 key miners, crypto exchanges and core developers have the power to change Bitcoin’s code.

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

Whether the campaign will work is a different story. Bitcoin miners -- earning more than $15 billion last year, according to data from The Block Research -- would have to be given incentives to switch. Shifting to Proof of Stake is technologically complex, and it has taken Ethereum years to develop and to test the code necessary for the change. Perhaps more importantly, many Bitcoin diehards are adamant against changing the system created by Satoshi Nakamoto, the pseudonymous person or group credited with developing the software.

“I’d put the chance of Bitcoin ever moving to PoS at exactly 0%,” said Chris Bendiksen, a Bitcoin researcher at CoinShares and one of the world’s leading experts on Bitcoin mining. “There is no appetite among Bitcoiners to destroy the security of the protocol by making such a move.”

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.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
Why can't they think by themselves and simply make up their own minds?
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".

'Thinking' should be taught in school, if it is not.
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:
Quote from: Morpheus (The Matrix)
Most of these people are not ready to be unplugged, and many of them are so inured, so hopelessly dependent on the system that they will fight to protect it.
AGD
legendary
Activity: 2069
Merit: 1164
Keeper of the Private Key
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.
hero member
Activity: 1792
Merit: 871
Rollbit.com ⚔️Crypto Futures
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.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
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.  Roll Eyes

The "Climate" excuse is just the smoke screen to hide the real agenda.... "Making money out of nothing"  Roll Eyes  (Let's not forget that a hardfork, will give them a shitload of Alt coins too, so they make even more money)  Roll Eyes
full member
Activity: 854
Merit: 130
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
legendary
Activity: 3444
Merit: 10537
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).
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 Wink

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.
hero member
Activity: 882
Merit: 5818
not your keys, not your coins!
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

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.
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. Cheesy

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.
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 Tongue
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).

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))
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 Wink).
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
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 Smiley

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.

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.

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.

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).

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.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
A group of people are going to campaign for a change in how Bitcoin works.
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
hero member
Activity: 882
Merit: 5818
not your keys, not your coins!
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.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
In my opinion, to fight this type of FUD we need to clarify this distinction for newcomers.
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.



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

legendary
Activity: 3444
Merit: 10537
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.
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 Smiley
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.

Quote
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 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).
legendary
Activity: 2296
Merit: 1335
Defend Bitcoin and its PoW: bitcoincleanup.com
Quote
Chris Larsen, who founded his own altcoin 2012, is going to be one of the people funding this campaign:

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.
legendary
Activity: 4214
Merit: 4458
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]
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