Bitcoin

Out of context: Reply #718

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  • i_monk0

    "I want Bitcoin to die in a fire":

    http://www.antipope.org/charlie/…

    tl;dr version:

    • Mining BtC has a carbon footprint from hell.

    • Bitcoin mining software is now being distributed as malware because using someone else's computer to mine BitCoins is easier than buying a farm of your own mining hardware

    • The greatest benefits accrue to the most ruthless criminals

    • Bitcoin's utter lack of regulation permits really hideous markets to emerge

    • Bitcoin is pretty much designed for tax evasion

    • Bitcoin's Gini coefficient makes a sub-Saharan African kleptocracy look like a socialist utopia

    i_monk 0Permalink
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