Isn’t he supposed to be some genius that can apparently revolutionize anything (kind of according to him)? Doesn’t he have something better to do than market manipulation to make his billions grow more billions? He’s an asshole and a crook, PayPal was/is a useless service Tesla will soon I’m A Dad And A Welder Nothing Scares Me Shirt. Can’t wait yo see Elon fall. Meanwhile, I don’t touch anything that he promotes. Watch out! Bitcoin can never be mined eco-friendly, if you could mine 10 times as fast using 10 times less energy people would simply have 100 times as many CPUs working. The viability of mining is a direct relation between cost of running vs the value of a coin. The further the price for a BTC reaches, the more it pays off to buy energy to mine it.
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I don’t see how they could really. Every mined BTC is literally turning electricity into ~$50k, with how capitalism works that’s for certain going to mean scaling up enough units that as efficiently as possible I’m A Dad And A Welder Nothing Scares Me Shirt energy + some margin is lower than the value of the BTC. There’s just 0 chance of making that eco-friendly unless we’re in a future where electricity production doesn’t impact the environment. Bruh he only sold 10% of his bitcoin holdings to test if the system would work in a company balance sheet… give the man a break, he brought you here to these new crypto levels and now you wanna shit on him cuz he playing 4d chess to better the future of the world? Bitcoin does use the most energy and there are more renewable sources.
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