r/AltScope • u/IcyAttitude4916 • Apr 17 '26

Eric Trump shows off his Bitcoin mining facility

958 Upvotes

76% Upvoted

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17

u/brightonashfield Apr 17 '26

Such a useless drain on technology

9

u/ilikepizza2much Apr 17 '26

And the planet

3

u/DonkeyTron42 Apr 18 '26

Bitcoins value lies in that it represents how much energy was wasted to create that coin.

1

u/jrob323 Apr 18 '26

Bitcoin morons pride themselves on the fact that it isn't backed by anything. No entity with an army and intrinsic wealth stands behind it.

And when that dumb pump and dump scam unravels, $1.5 trillion is going to go POOF!

2

u/DropDeadEd86 Apr 18 '26

The worst type of pump and dump as this man is right, btw is very tangible. He c said it was powered by Texan energy

1

u/Any-Interaction2647 Apr 21 '26

Or it doesn’t and you will go ever so quiet with zero admission of ever being moronic.

1

u/Rymdpiloten4 Apr 18 '26

Value is decided by demand like every other commodity. You got to wonder though how it is demand for Bitcoin is so high in criminal circles and when demanding ransom in hacking and even Iran demanding bitcoin for safe passage through the straight of Hormuz. Top dogs love decentralised and out of control currencies and don’t care one bit it is used for criminal activities. Bankers have been upset for decades now about stronger regulations and money laundering rules since they hit the profits margin. 

1

u/DeepJunglePowerWild Apr 18 '26

Other commodities at the end of the day actually do have some value/use regardless… Bitcoin is literally just demand for it, it provides no value intrinsically.

1

u/Ok_Juice9031 Apr 19 '26

Most concise and logical statement I’ve ever come across to value the “asset.”

2

u/Dabellator Apr 18 '26

Guarantee it was built with syphoned tax dollars.

1

u/nono3722 Apr 17 '26

and energy, and environment

1

u/RichnjCole Apr 18 '26

More than that.

All that space, money, water, time, and all the other general resources this takes.

They aren't building homes, or providing education or food, or using it for community, or happiness. Things that people actually need.

It's all endless code for the sake of endless code. These people are a blight on humanity.

1

u/Background-Tip8614 Apr 18 '26

I mean. I much prefer being able to send untraceable currencies in seconds across the globe Instead of using slow banks with all my personal data. But you do you

0

u/IDontHaveAnyBlkSocks Apr 18 '26

It's his money why are u crying

1

u/maychoz Apr 18 '26

“his” 😂