this post was submitted on 03 Feb 2026
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Science Memes

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[–] purrtastic@lemmy.nz 7 points 1 hour ago

This is neither science nor a meme

[–] glibg10b@lemmy.ml 30 points 4 hours ago

What's worse is that there are modern alternatives that can process hundreds of transactions per second without any mining at all

But Bitcoin people don't care about that because they don't use Bitcoin for actual payments, they use the price to pump their bags

[–] zd9@lemmy.world 46 points 5 hours ago

It was never meant to be used in this way at this scale though. He put out a new method/paradigm and that was that. It was the asshole investor tech bros that destroyed the planet once they learned of it.

Just like anything, almost no tech or thing is inherently bad, but it becomes bad when the ruling class get their greedy grimy little grimy in it.

[–] jonathan7luke@lemmy.zip 29 points 6 hours ago (2 children)

It's stuff like this that leaves me completely hopeless that the AI industry will ever see the crash that it 100% deserves.

[–] underisk@lemmy.ml 7 points 3 hours ago

It could always turn out like NFTs did. Don’t lose hope yet.

[–] qkall@friendica.world -1 points 5 hours ago

@Sine_Fine_Belli @jonathan7luke this comment physically hurt me... for it's truth. fuck

[–] psx_crab@lemmy.zip 8 points 5 hours ago (1 children)
[–] far_university1990@reddthat.com 2 points 4 hours ago (1 children)

Exact number = sciecnce, you not see? Releasing paper with those number in 3 week. /s

[–] OpenStars@piefed.social 5 points 3 hours ago (1 children)
[–] Starski@lemmy.zip 1 points 2 hours ago

"Checkers"

"I think you mean checkmate, dumbass"

[–] SattaRIP@lemmy.blahaj.zone 5 points 5 hours ago (1 children)

Not completely useless. Iranians can use it to bypass the ridiculous number of sanctions western governments arbitrarily threw at them as those neoliberals pat themselves on the back for making the situaton worse. The dollar loses its centralization and I consider that a good thing.

[–] FireRetardant@lemmy.world 8 points 5 hours ago (1 children)

This is a big part of it. Its about decentralization. Currently it has a massive environmental impact, but as renewable energy and better cooling technology develops, decentralized cryptocurrencies could be better than fossil fuel invested banks.

The decentralized nature does mean that sometimes criminals can use it, but some countries will consider you a criminal based on the color of your skin.

[–] mattyroses@lemmy.today 1 points 1 hour ago

There are already cryptocurrencies with barely a fraction of the energy use of Bitcoin.