Bitcoin Mining: Villain or Saviour? đïžâĄ
Thereâs a lot of noise about Bitcoin mining these days, with some articles painting a picture of miners as the bad guys draining Americaâs energy. A recent Business Insider piece even suggested that the US is now stuck with a burden China tossed away. But is this really the full story? đ€
Yes, Bitcoin mining uses energyâbut so does every major industry! đĄ What they missed is how Bitcoin mining has helped the US. Miners have stabilized Texas' electricity grid âïž and created thousands of jobs đŒ. Plus, Bitcoin has protected purchasing power during the recent inflation spike. Remember the US inflation peak of over 9%? đ While dollars lost value, Bitcoin holders saw their wealth preserved. đĄ A home that cost 664 Bitcoin in 2016 now costs just 6. Thatâs a 99% reduction in real estate costs when measured in Bitcoin! đȘ
Critics focus on energy use and local protests, but theyâre missing the bigger picture. Bitcoin mining is about more than profitâitâs about economic freedom and stability. đ Isnât protecting our purchasing power worth the energy? âĄ
Criticism is healthy, and it helps us sharpen our beliefs. đ Who knowsâmaybe even the harshest critic will come around once they understand Bitcoinâs potential. Never say never! đ
Stay sharp, keep learning, and let the facts speak for themselves! đđĄ
#Bitcoin #CryptoMining #EconomicFreedom #FutureMasterTrading #CATIonBinance $BTC