• EmperorHenry@discuss.tchncs.de
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    7 months ago

    The computers that run the stock market have gotten to keep their electricity consumption a secret for over 40 years.

    It’s like that meme of the two spidermans pointing at each other.

    • Gigan@lemmy.world
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      7 months ago

      Bitcoin is currently at $57,000 and it’s up 144% in the last year. Haters gonna hate

      • Neato@ttrpg.network
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        7 months ago

        Make sure you keep your money in bitcoin so when it crashes we can all laugh at you. Again.

      • ShittyBeatlesFCPres@lemmy.world
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        7 months ago

        Wow, a volatile currency backed by nothing has large swings in value and if you pick the right date range you can tell any story you want? That’s pretty amazing.

          • ShittyBeatlesFCPres@lemmy.world
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            7 months ago

            Militaries, usually.

            A nicer way to put that is that taxes are collected in national currencies. You can use any currency you want in private transactions but when the tax man comes calling, you better have the government’s preferred currency.

            Also, what are cryptocurrencies backed by? Why do y’all exclusively call government money “fiat” when that just means it isn’t backed by a precious metal? Is there a Bitcoin Ft. Knox out there making it not a fiat currency?