This is why crypto will die | Bitcointalksearch.org

freightjoe

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Activity: 238

Merit: 109

Quote from: coinycoiny on January 20, 2018, 03:36:47 PM

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.

BTC is too energy consuming

paolo099

full member

Activity: 224

Merit: 101

waste a lot of energy? yes
but you forget the others crap going around like the global warming (if you are american you might not trust it), China who denied to use filters on their factories with the highest pollution on earth and others stuffs.. let's concentrate on BTC drawing energy.
Focus on different stuffs not just posting bullshit here.

boruto99

newbie

Activity: 46

Merit: 0

why do you say so? we have a very unlimited energy.
maybe you are too worried ..
Relax bro Grin

..

fireblond

full member

Activity: 200

Merit: 100

Thrive

Quote from: coinycoiny on January 20, 2018, 03:36:47 PM

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.

In the video I understand using monitors to run his crypto farm makes it easier but he should seriously consider an alternate solution. That would save more electricity. Additionally, I feel like on the grand scale of things Its causing more good than harm. When it comes to destroying the planet you need to look into waste and global warming. Not crypto learning :p

pixie85

hero member

Activity: 2184

Merit: 531

Quote from: coinycoiny on January 20, 2018, 07:40:14 PM

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.

Let's be completely real and objective then. You're claiming that too much power is being used on mining and that it's destroying the planet.
My question to you is how much energy is being produced and wasted? Power plants are able to make much more than is being drawn at night, when most businesses are offline and people are sleeping in their beds. You can't store power (unless you're willing buy that overpriced tesla home battery) so it's much better to use it on mining than let it go to waste.

coinycoiny

member

Activity: 273

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Quote from: Lauren Smith on January 20, 2018, 07:58:50 PM

He is crazy. Should we all stop driving cars too? Do you know how much damage cars do? Mining cryptocurrency doesn't use any more electricity then driving to the shops and paying in fiat. People seem to forget that banks use servers too they just not called miners and they work differently. Every single online transfer or trasnfer from your credit card all goes online and there has to be server computers to process this and they are owned by banks. Instead of that we have miners that can be used by anyone and not just the banks like the banks server computers are all private and controlled.

On a global scale mining is not a problem in the slightest. The OP should fight other causes.... Perhaps use hemp and solar power to power your mining rigs?

Some would say I am mad as a hatter.

But comparatively sane in this company

Lauren Smith

sr. member

Activity: 1050

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Quote from: Inn0vative1 on January 20, 2018, 04:01:20 PM

Quote from: coinycoiny on January 20, 2018, 03:36:47 PM

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.

He is crazy. Should we all stop driving cars too? Do you know how much damage cars do? Mining cryptocurrency doesn't use any more electricity then driving to the shops and paying in fiat. People seem to forget that banks use servers too they just not called miners and they work differently. Every single online transfer or trasnfer from your credit card all goes online and there has to be server computers to process this and they are owned by banks. Instead of that we have miners that can be used by anyone and not just the banks like the banks server computers are all private and controlled.

On a global scale mining is not a problem in the slightest. The OP should fight other causes.... Perhaps use hemp and solar power to power your mining rigs?

Anti-Cen

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Activity: 210

Merit: 26

High fees = low BTC price

Quote from: Based Stickman on January 20, 2018, 03:55:30 PM

Someone forgot to take his meds today Wink

Yes and its you

kpcian

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Activity: 826

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Quote from: coinycoiny on January 20, 2018, 03:36:47 PM

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 got your point regarding the power consumption but It's true that Cryptocurrency will be the main element of the transaction purpose, you have to realize that Already a lot of Money invested in this platform and people are getting engaged in this system day by day.
If this system will get collapse then you can be assured of seeing another economic recession like 2007 in Europe. But Definitely, Cryptoworld has brought us a vulnerable economic system and we are becoming dependnet on this platform day by day.

tanoe

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Activity: 350

Merit: 100

When we talk about energy, each country has a different capacity. In some countries, electricity usage does not reach the target. Maybe Japan and Hongkong or U.S with high usage, certainly different from the state of activity unlike them.

when we talk about resources, although some altcoin projects exist that make natural resources their primary target, I'm sure they must have overcome their impact. this must happen because of the era that has progressed.

Ray3z

member

Activity: 188

Merit: 10

Quote from: coinycoiny on January 20, 2018, 03:36:47 PM

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 read your post and i think you said that only green coin can survive and the others will be die.
I think your statement make us realize how important is green.
And also i think crypto will not die at all because you said green coin will survive and more green coin will be born.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Quote from: strickland on January 20, 2018, 04:51:36 PM

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.

if you like I will write a program that wastes energy and burns out CPUs by download a million images and counting
how many black pixels are contained in these images and will sell you this useless information and you can call it
mining if you like and then lets see if the price of this information will "appreciate"

Are you sure you understand mining because none of the new super fast coins that are gaining ground on Bitcoin
are using it so they must all be worthless right Cheesy

Granxis

hero member

Activity: 1400

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Bitcoin was reacting because it needed a lot of energy, but it was actually a blockchain system that required energy. Unfortunately, this energy is needed to process the data. I think we do not have a big problem.

coinycoiny

member

Activity: 273

Merit: 18

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.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

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://bitcointalksearch.org/topic/m.28395400
I am waiting for someone to debunk this if they can

bitcub

sr. member

Activity: 952

Merit: 250

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.

Quote from: coinycoiny on January 20, 2018, 03:36:47 PM

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.

CryptoBullrider

newbie

Activity: 1

Merit: 0

wait, you think we "fixed" the ozone hole problem? Huh

gantez

full member

Activity: 1736

Merit: 121

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.

Cryptohad

newbie

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Quote from: Bonsaiav on January 20, 2018, 04:44:07 PM

Quote from: coinycoiny on January 20, 2018, 03:36:47 PM

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.

Rajatruck

member

Activity: 109

Merit: 10

I can think in all directions and I do not see how cryptocurrency can destroy the planet

Topic: This is why crypto will die (Read 332 times)