Clueless retail traders are at it again causing the short-lived panic crashes. If you have been long enough in investing in Bitcoin, you would know that Bitcoin don't have a figurehead. Therefore, whatever bullshits spit out from Tesla/Elon are just any average joe spreading F.U.D. There is no single person or entity that can control up or down of Bitcoin price only weak hands.
The reason why Tesla/Elon seems to control the Bitcoin price is because the masses are giving them the de facto power of doing so by idolising prominent figures. Bitcoin don't care what the riches say. There is a reason Bitcoin is hailed as honey badger.
Whataboutism:
It is true that Bitcoin mining consume tons of energy. But they are studies done on this issue which show that a little more than half of the mining operation uses renewable energy. Go Google for them.
And you people dont think that powering Bank's servers, services and brick and mortor WORLDWIDE don't consume more energy than bitcoin and the energy they uses are mostly nonrenewable energy? Talks about environmental impact. Preach!
Do your research people!
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
May 13 2021, 10:54 AM
Quote
0.9903sec
1.02
7 queries
GZIP Disabled