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These are US electricity prices. Where in the US? They don't say. There are miners in the US who get their electricity for "free" ie they generate it from waste heat or waste gas. So this is de facto a cherry picked number.
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Most bitcoiners believe that the value of bitcoin will continue to rise in the future as it has for the past 14 years. A $137K bitcoin today could be an insane bargain in several years. Also "untainted" coins - Coins that haven't passed through other wallets yet - Generally trade at a slight premium as there is lower risk of them being confiscated by governments in the future for having passed through the hands illegalized owners.
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No shit bitcoin is concentrated in a few holders. It's money, under capitalism. The author conflates communist-style distribution of value with the decentralized administration of the network itself. This is like saying that Lemmy isn't decentralized because the majority of posts come from 1% of users. There's no way that rhentorical switchup was accidental, that is a misleading and disingenuous writing choice.
I'm as happy as anyone to criticize bitcoin, but this is trashy clickbait.
Government spyware finally has a challenger for the title of "primary reason that most Microsoft software runs like hot garbage".