Technology

60070 readers

3841 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS

713

Bitcoin is Stupid and Does Not Deserve an Emoji (blog post) (thedabbler.patatas.ca)

submitted 4 months ago* (last edited 4 months ago) by smallpatatas@lemm.ee to c/technology@lemmy.world

361 comments fedilink hide all child comments

35 crypto companies got together to make a change dot org petition called "Bitcoin Deserves an Emoji".

F that

you are viewing a single comment's thread
view the rest of the comments

[–] echodot@feddit.uk 2 points 4 months ago (1 children)

I don't mind a system like bitcoin existing but bitcoin itself has way too many problems to be useful and actually is detrimental to the environment. It takes way too long to process a transaction, it is massively energy intensive for what it is, and it's been hyped up like the Californian gold Rush.

Sure it was created to solve a problem but it doesn't actually solve that problem very effectively. It also introduces an infinite number of new problems that no other currency system has ever experienced.

[–] technocrit@lemmy.dbzer0.com 2 points 4 months ago

It also introduces an infinite number of new problems that no other currency system has ever experienced.

Infinite problems, eh? Can you name like 10?