Quote:
Originally Posted by Isaac Zachary
I was listening to the radio to a channel called CPR. I don't know how biased the report was, but it made crypto seem pretty bleak. Apparently it's very energy demanding, and accelerating very quickly. Whole power plants are being used to supply giant crypto mines of shelves and shelves of computers all running at full blast.
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That has been among the fatal flaws from the beginning.
These "revelations" aren't meant to inform, but to manipulate price. When Elon bought a bunch of Bitcoin and then "realized" it's a waste of electricity, he's simply profiting by driving the price high, and then causing it to tank.