revenant
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everybody loves bitcoin, the badly designed cryptocurrency that sucks

[1.5 years later] we regret to inform you that it somehow sucks even more now mastodon.social/media/QfVQ8a_n

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@revenant Not surprised. Typical purchases on Steam are small enough that even the lower fees with SegWit can be 10%+.

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@revenant #Bitcoin is the worst cryptocurrency except for all the others that preceded it.

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@revenant Don't see any mention of the fact that most bitcoin is mostly mined by burning coal increasing global energy costs (likely by a small margin).

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@revenant Really surprised that Microsoft is still accepting them for purchases on XBox

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@mdm i didn't know they ever started doing that. wonder what the usage statistics are like

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@revenant I didn't even know Steam were accepting Bitcoin...

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@revenant I agree it's a real issue, but to be fair, the design brief was always to offer an alternative currency to state currencies, but to be usable in times of volatility. Different contexts.
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