Comments by "SAL" (@SAL-fs1mr) on "Joe Scott" channel.

  1. You can't use GPUs to mine bitcoin. Common misconception.
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  2. Generated by electrical energy, not thin air. Free market determines what the value is, no different than how gold has value.
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  3. But lightning network is not 18 months away anymore, it's here and it's working.
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  4. Tulips were not finite in amount. There will only be 21 million bitcoins.
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  5.  @brandongray1059  Prior to 2013 it was possible to mine bitcoin using GPUs. GPUs more recently have been used to mine altcoins. Now people have to use specialized mining computers called ASICs to mine bitcoin.
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  6. Beenz and PayPal are centralized companies. Bitcoin is a decentralized internet protocol for money.
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  7. Or, it could be upgraded or be given extended functionality. It's all open source code after all.
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  8. Nah, it's too centralized.
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  9. Or, if Bitcoin adoption increases, it's deflationary nature would discourage the rampant consumerism we see today (by encouraging saving), thus resulting in a much more meaningful impact with regards to climate change. The vast majority of Bitcoin mining energy is from renewable resources since those are usually the cheapest to harness.
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  10. Bitcoin is an internet protocol, not a business or company.
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  11. Automated on software.
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  12. Probably not. Too many centralized aspects to hbars.
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  13. With lightning network, the fees are cheaper, using an app hides all the complexity, and fraud is way less compared to credit cards.
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  14. Bitcoin is thriving.
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  15. You can exchange bitcoin for dollars and you can use bitcoin to buy on Amazon.
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  16. I've been using it for over a year without any issues - how is it a scam?
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