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What % of bitcoin use is for legal purposes, I wonder? Not buying drugs or laundering money or evading taxes? Is it a big percentage?
1.3 gigs of new gas to meet rising demand due to Bitcoin mining Trust me when I say the Bitcoin problem has not only not gone away, but very clearly gotten worse, despite far fewer headlines about it.... www.spglobal.com/marketintell...
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I know a number of people who will never have to work again after getting into Bitcoin early and cashing out big at the right time. But the vast majority of cash in and the vast majority of usage is dark
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The remainder is probably just rampant speculation so legal but unproductive
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Definitely not a nett loss to humanity if it disappeared overnight.
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Saw someone recently refer to it as 'streaming money'