Green hackers around the world, let’s destroy Bitcoin
I supported bitcoin when it first came out because I support the idea of decentralised, trustless money. Far too much money is redirected into the hands of financial workers who are not adding any value to the economy. Finance is good and necessary, but the way it currently works is not.<p>But bitcoin simply <i>does not work</i> as money. There is really no doubt about this. Even the biggest proponents of bitcoin right now call it a &quot;digital gold&quot;. But we don&#x27;t need a digital gold. We have gold and gold has none of the same problems as money and is a far more stable storage of wealth. Today bitcoin proponents don&#x27;t understand what Satoshi was trying to do. So I&#x27;m in agreement that this is all just a monstrous waste of resources at this point.