BitcoinStu on Nostr: Mining is a way to turn electricity directly into money. Poor people don't have a lot ...
Mining is a way to turn electricity directly into money. Poor people don't have a lot of excess electricity, therefore mining is not a good option for them. Better to use their labor to earn fiat and then convert that into bitcoin.
It doesn't matter how you earn the bitcoin, mining or otherwise, it's the same result, you hold Bitcoin.
Shitcoins are a terrible idea and a great way for poor people to become even more poor.
Published at
2024-10-13 19:38:40Event JSON
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"content": "Mining is a way to turn electricity directly into money. Poor people don't have a lot of excess electricity, therefore mining is not a good option for them. Better to use their labor to earn fiat and then convert that into bitcoin.\n\nIt doesn't matter how you earn the bitcoin, mining or otherwise, it's the same result, you hold Bitcoin.\n\nShitcoins are a terrible idea and a great way for poor people to become even more poor.",
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