I was afraid this would cause it to drop hard, and it did, though it recovered a bit. Used some of my profit to buy the BTC dip, so overall I think I came out ahead. There should never have been so much concentration of influence that one person tweeting about one coin can bring the whole market down. The whole point of crypto was to I Would But Shirt Splatter Shirt influence from banks to influencers. I like elon but this isn’t it! He caved to the leftists even though PoS is not entirely proven as safe. It has a shorter track record. Such extremism with the energy Nazis lately. The market and time will move in that direction if it is the right way to go. Forcing companies and whining is not the correct strategy .
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miners are incentivized to choose renewables over legacy power, and even, with a bit of imagination serve as a catalyst for renewable energy projects going forward. What is the environmental impact of maintaining a physical money supply. You have to grow the cotton, put those plastic strips in, make the paper, transport the paper, run the printing I Would But Shirt Splatter Shirt, guard your monies, pay people to do all this, who I will assume commute to work. Oh and then periodically pull bills out of circulation and destroy them.I’m also assuming they don’t use renewable energy to power the machines, computers, or fuel to support the physical currency. I’d didn’t even mention mining for metals to mint coins. saw this news and decided to just get out of doge. I bought in at .38 and sold at .45, so I did make a few hundred in profit.
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