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Thursday, Jan 20, 2022

Bill Gates Reveals Why He's Not Investing in Bitcoin

Bill Gates Reveals Why He's Not Investing in Bitcoin

Launched in early 2009, the blockchain-based cryptocurrency is now considered the world's biggest by market capitalisation and the amount of data stored on its blockchain.
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James Pierson 323 days ago
Whata load of BS: The energy consumed by the bitcoin (129.22 Twhr) is the price of freedom from monetary corruption. Approximately equaling the energy consumption of Norway with a population of 5.3 million people; representing 0.069% of the population of planet earth. For the first time in human history, humans have created a way to store value that cannot be corrupted by the powerful (spelled "GATES") or by governmental decree. The total energy consumption of the Bitcoin network is trivial in comparison to the energy required by global financial systems ie: to build, to staff , to govern and to operate them. When the self righteous espouse altruistic misinformation like this, they might just be driving the price down so they can accumulate bitcoin in the background. I see Bill Gates in the picture associated with this article but I hear his buddy, good old Warren Buffet speaking into his uninformed ear.....
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