#Bitcoin will #endtheFED
Discussion
How?
Just meme it hard enough, it'll happen
Everyone is going to use Bitcoin to pay their power bills and the government will just sit there and seethe because they can't tax anyone anymore, it's going to be sooo great
Also, it will totally happen
Just meme harder bros
You sound vaccinated, #[5]. Are you seriously expecting the energy company not to pay taxes just because the payment is in #Bitcoin?
No, I'm not expecting that. But most of the people around here seem to think that's the case.
"We're gonna use bitcoin and starve the government and banks, man!"
...Nope. They'll get their pounds of flesh either way.
The energy company is also getting a lot more money due to the spike in electricity prices from all the crypto mining. It’s a win win for the oil companies and the government lol.
Do you seriously think the energy cost is up due to #Bitcoin mining? An honest question. Yes or no, please.
The Chinese government has been winning so much from the mining, they decided to ban it completely. Sure you know what you're talking about. Keep going troll.
Yes, it is probably and demonstrably going up because of bitcoin mining. That is an irrefutable fact.
Show me the study, troll. You won't.
#Bitcoin miners can use the cheapest energy possible. I'm talking 5 cents per KW. If the energy is more expensive, they move to another state/country/continent or simply sell the hardware because they cant compete. That is an irrefutable fact.
If you paid 1 cent/KW in 2020 and now paying 5cents, you can blame them. If you already paid over $.05 a couple of years ago, it ain't miners pushing the price up but the amount of money, the FED printed since 2020. That is an irrefutable fact. 🤡
So you're just pretending to be retarded like a real troll? Or you have a bit of brain and understand how #Bitcoin can help to starve the FED?
Hint: It's NOT because of taxes.
Less demand for the USD. I used to save in the dollar, now I save in Bitcoin. Every #Bitcoin cycle there's more of us. Is is really that hard to grasp?
Brandonlini’s law. Don’t bother.
He’s just mad we’re not paying his student loans yet so he can realize his career goal as an office manager or something.
Yeah, #[3] is a bit retarded. But I like to keep an eye on him to see how long before he realize he had #Bitcoin in front of his eye for all this time and never acted on it. The saltier he'll get now, the more regrets in the future. I'm so looking forward to see that.
Dis you in a few years, #[3]
Imagine to mine on test net in 2008 and still being broke
We had only 3 (out of 33) halvings, whatever you think, we're still way too early in #Bitcoin.
I was thinking of the testnet you've mentioned earlier, I don't think there was any. There were other tries for decentralized money but all of them failed due to the need of someone in the middle. You might have been mining one of them. The closest to #Bitcoin was Bitgold from Nick Szabo but it was only a paper and to this day, nobody claimed to write a code for it. Hal Finney developed another currency before 2008 that had to be mined, can't recall it's name now. Keep digging and keep me posted, please.
The Fed will end itself.