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I provided the links to the sources, facts are facts.
"FIAT currency has nothing to do with efficiency" true that is why it is so inefficient it is by government and mandatory does not need to compete, that is why it is so inefficient.
It is like cars in the 1900 there was no concern for...
Nodes do not require miners, you can download the bitcoin core desktop wallet and run a node without the need to set up a miner, and to setup a miner you do not need to run a node.
The Bitcoin primary chain does require both miners and nodes, but they work completely independent of each other...
No, the secondary chain uses nodes not miners, nodes use very little energy, for example a raspbery pi can be a node.
Therefore the secondary chain uses much less energy than Visa.
The difficulty in mining does not apply to the secondary chain it is for the primary chain only.
I am not an...
The chart from statista has one huge flaw it compares only the primary Bitcoin chain to all visa transactions, and we all know VISA has transactions small as a few dollars, for the comparison to be fair the secondary Bitcoin chain called lightning would need to be included, since lightning is...
If you look at this link:
https://fiatmarketcap.com/
USA total market cap 400,740,441 BTC
Bitcoin total market cap 18,709,712 BTC
The USD market cap is 21.4 times larger than the Bitcoin market cap, so even taking into consideration the fact that the dollar has a much larger market cap than...
Bitcoin is a very clean form of money, not the cleanest but certainly cleaner than the dollar, here is a link:
https://bart.vanmaarseveen.net/bitcoin-as-energy-saver/
Costliness of money (annually):
Gold Mining: $105B
Paper Currency and Minting: $28B
Banking System: $1,870B
Governments...
It is the opposite they are both crypto coins and in theory are supposed to serve the same purpose, being Dogecoin more inflationary than Bitcoin, the only difference is Dogecoin is better suited for small or tiny transactions, and Bitcoin being the more secure network and suited for larger...
Yes, most likely that is the case, but that is most likely due to Tesla ditching crypto. Both could be going up if Elon was not ditching crypto, a lot of crypto holders now will not be able to buy Tesla and may have decided to ditch Tesla after getting stabbed in the back. Its better to have...
Most likely do to insider information, only a few days later due to political reasons Tesla stops accepting Bitcoin, now many of us will not be able to afford Tesla's and sales will not be as high as they could be. We do not know the real reasons why Bitcoin stopped being accepted only 2 months...