Bitcoin

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Is anyone here actually BTC positive? (self.bitcoin)

submitted 5 days ago by Policeshootout to c/[email protected]

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I have been using crypto since 2017, made plenty of dumb trades which caused me to lose out a lot. Currently my portfolio is about 80% BTC and while the new USA admin seems they may do more damage than good to the crypto space I'm still positive about Bitcoin.

This sub seems like a meme or anti-btc sub mostly. Anybody here who isn't that way?

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[–] [email protected] 0 points 3 days ago (1 children)

My biggest worry about Bitcoin is that it's still on proof of work. Even if it has shown itself to be bulletproof, it uses as much electricity as a small country and I don't think the environmentalists are going to just let that slide.

[–] [email protected] 1 points 3 days ago

Aside from the long term security guarantees that every Bitcoiner is just ignoring, the narrative around energy usage has pretty much gone away. Why? I have no idea. Ethereum in comparison has gone to PoS and reduced its energy usage to near trivial amounts while at the same time democratizing securing the network in a way more sustainable way.