this post was submitted on 05 Jan 2022
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I just took a look at what coins they take and yikes... all centralized coins. As in, the company behind the coin folds and the coin becomes worthless. Well, except Bitcoin, which is decentralized, but unfortunately is also an enormous energy hog, which other users here and on Twitter have pointed out.
So, yeah. I think they're right to call this a bad move. If you're going to support crypto, for the love of god, at least pick one that doesn't gobble up huge amounts of electricity or one that doesn't make rich people richer.
Ah yes, Bitcoin is so decentralized only large institutions can afford to use it!
I meant decentralized as in there's no company or organisation behind Bitcoin, but yes, it's very cost prohibitive.
In what way? Bitcoin Lightning payments are cheaper than visa.