Bitcoin is pure evil: Part 33,456
New Alaska Bitcoin Mine Would Burn as Much Energy as the State’s Largest Coal Plant
planetizen.com/news/2025/06/13…
Bitcoin is as sick and as twisted as you can get. Pure greed. Pure evil.
New Alaska Bitcoin Mine Would Burn as Much Energy as the State’s Largest Coal Plant
Fueled by “stranded” natural gas, the startup hopes to become the largest in the US, and to make Alaska an industry center.Diana Ionescu (Planetizen)
Aral Balkan reshared this.
LonM
Unknown parent • • •I would go further - All blockchain cryptocurrencies are obsolete given proposals for digital cash systems like GNU Taler use blinded signatures which are more resource efficient to deploy and use.
But these digital cash systems are designed to interface with the existing economy and make it difficult to avoid tax, so of course, they're not going to get the same level of hype from those who finance the cryptocurrency industry.
Aral Balkan
in reply to Gerry McGovern • • •