• futatorius@lemm.ee
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    8 days ago

    Bitcoin doesn’t relate to coal that’s still unburnt. It’s more a certificate confirming a quantum of environmental destruction.

    • pixxelkick@lemmy.world
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      7 days ago

      That’s probably a better way to put it yeah.

      And as fucked as it is, it is a fact that this does hold value and is backed by it.

      It’s just a pretty shit thing to be backed by ethically.

      But nonetheless, there is value in bitcoin, it’s just best we don’t encourage further investment in such a thing.