Hacker News new | past | comments | ask | show | jobs | submit login

Oh I see it is that time of the year - People upvoting Bitcoin has breached $X or Bitcoin energy consumption is equal to Y country stories.

And the discussions are also same old - People criticizing bitcoin, others defending and then a small majority who feel quite smug about buying at $10.

Can we really stop upvoting stories which add zero value to what we already know?

Bitcoin's price is going up again, however its many severe problems remain unsolved.

On the other hand, the climate crisis is more urgent than ever. Is a huge waste of precious resources by something as useless as today's bitcoin really tolerable by society?

My hope is that bitcoin is soon abandoned in favor of something more eco friendly, scalable, usable and with better privacy. With a low bitcoin value there will be fewer miners and less waste of resources.

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact