Bitcoin as a Battery
What the hell is is with cryptocurrency proponents and trying to redefine words to suit their narrative? First Bitcoin was NOT fiat currency (despite being one of the most fiat currencies by definition), then it was also a store of value (despite it being a horrible store of value, a high-risk high-reward investment is more accurate). Now it&#x27;s supposed to be a battery? When the energy being put into it is basically pure waste?<p>There is no way to make aluminum other than putting huge amounts of energy. Aluminum has value to everyone in some way, not just those invested in it. There are plenty of ways to do digital transactions, or even to do proof-of-work cryptocurrency (if you feel that&#x27;s necessary), besides using Bitcoin. With aluminum you can even reverse the process and use it as an actual battery. With Bitcoin you can&#x27;t. The energy is burned forever.<p>I really do think cryptocurrency and block-chain technology is cool. But the level of hype and double-think is getting insane.