A couple of days (read 2 months) ago, I wrote why I believe Bitcoin is a bad investment. At the time, I promised to write about the technical shortcomings of Bitcoin. I did, and my browser crashed eating a large chunk of my post, and then I got busy with my studies again. I also […]
Tag: Bitcoin
Why I am not Enthusiastic about the Blockchain or Bitcoin – Part 1: A Terrible Investment
A couple weeks ago I was discussing a technical architecture with a consultant working for a client of mine. After this, we ended just small-talking about this and that in tech, and ended up discussing “the blockchain” and “cryptocurrency.” Much to the surprise of the other consultant, my judgement of the blockchain is that it […]
Bitcoin mining causes of as much CO2 as Fiji
Funny fact: last year, Bitcoin mining caused emission of as much CO2 as Fiji. That’s right, some John Galt fantasy money pollutes as much as a country that looks like this. If we had to pick just one, I’d also totally go with the Ron Paul wet dream. […]
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