The Infamous Bitcoin Time Traveler is Back, This Time He Wants You to “Sell your Bitcoins”
You remember that time-traveler guy from 2014 who brought the good news from 2025? He who said Bitcoin would be worth $10,000 in 2017, $100,000 in 2019 and a million in 2021?
Well, turns out he was a Bitcoin bear all along.
All those, “dollar is no longer used” or any central bank-issued currency for that matter, and ASICminer, IMF, Government of Saudi Arabia, and the North Korean government will be the largest Bitcoin HODLers, the wet dreams of a CT-based Bitcoin proponent are no longer his views.
He has come to realize that Bitcoin just “wastes electricity” and doing “ecological damage in an era when we should be focusing as a society on reducing our carbon emissions.”
The time traveler did all his research this time, read all those papers, and found that annual carbon dioxide emissions from the Bitcoin network are as much as the country of Jordan and accounts for 0.2% of global electricity use.
Well, there was another study that found that the majority of electricity (74.1%) used by Bitcoin actually comes from clean sources like solar, wind, and hydropower and is “more renewables-driven than almost every other large-scale industry in the world.”
But let’s not talk about that.
We have to talk about reducing the ecological damage that Bitcoin mining is causing. What do you have to do to prevent that, you ask?
Time Traveller has the answer. Unlike “you must find a way to destroy this godforsaken project in its infancy,” like last time as that ship sailed a long time back, you just have to
“sell your Bitcoins,” now.
Because let’s face it, you are gonna lose all your coins anyway as “history has shown.” This also illustrates “why Bitcoin is not a good investment option.”
And don’t even look at Shitcoins.
Time Traveler says other cryptos share Bitcoin’s flaw, most of them and let's not forget that “these coins don't produce anything.” Well as Mark Cuban said Bananas are better options at least you can eat them.
You may say what about fiat money, it doesn’t have any intrinsic value as well. But you see, they might be based on thin air but they have people believing in it.
I know what you are thinking, Bitcoin holders and investors believe in it the world's leading cryptocurrency too, a bit too religiously some may say, but you just can't just print it endlessly. So, No. Bananas for life.
And also, don’t forget that “history has shown that people who invest money in the stock market will generally end up witnessing much higher returns than people who buy gold.”
I thought one BTC was going to be worth a million in the next six years? Well, I think that theory invalidates once you realize the renewable energy Bitcoin is wasting.