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❕NEWS Tim Drapper Defends Bitcoin, Says Even Fiat Uses Much Co2

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Ever since Elon Musk dumped bitcoin as payment options different reactions has been on media to give hope to bitcoin holders. Tim Draper a big fan of bitcoin said Elon Musk should also sell the bitcoin his holding in balance sheet and should stop accepting fiat Currencies to because they consume more carbon dioxide (C02)..
Share your views on this development.
 
Should probably literate more on the reason as to why or how fiat currencies consumes more carbon dioxide (C02) than Bitcoin, Banks doesn't even use that much energy to process transactions
 
Should probably literate more on the reason as to why or how fiat currencies consumes more carbon dioxide (C02) than Bitcoin, Banks doesn't even use that much energy to process transactions
You may be right though there was no.much explanations to that but probably because some banks are powered by Generators which emit Co2 to the surrounding.
 
I think elon musk shouldn't have made that kind of tweet on bitcoin at the first place ,because the environment are been damaged by many causes
 
He may have a point but considering the nature of Crypto currency market , such tweet has serious negative effect which we are experiencing already.
 
he just wants to dump bitcoin for his dogecoin gains so he will continue making such tweets after all he has lot of cunning people under him who can do the homework for him and i never saw him making a meme about bitcoin and holding it to the moon , i suppose now he will go for dogecoin and xrp again once
 
he just wants to dump bitcoin for his dogecoin gains so he will continue making such tweets after all he has lot of cunning people under him who can do the homework for him and i never saw him making a meme about bitcoin and holding it to the moon , i suppose now he will go for dogecoin and xrp again once
He have never seem to be a promoter of bitcoin, but to my surprise i still wonder why he is supporting only dogecoin ,he needs to know that both bitcoin and dogecoin move in same direction
 
he just wants his assets grow that;'s it , now it feels everytime he is going to make a tweet there will be big dump to the currency he will tweet on bitcoin is victim of his tweets an is reeling at the moments but near 45k$ level so some support hodl now
 
He may have a point but considering the nature of Crypto currency market , such tweet has serious negative effect which we are experiencing already.
The effect was definitely very serious and many chart readers are seeing the probability of seeing btc in the realms below $35k and I think that would just increase the fears that is already present in the market.
 
That's the way to react ?????

I'm with you on this Tim Drapper. Again Elon Musk will have to stop all this manipulation for good.

He would have to accept the fact that the game is over and people are ready to REACT ???
Truly the game is over , because many people are more concerned about their investment and they are now investing in bitcoin , i hope bitcoin price continues to increase
 
I guess the market of Bitcoin has started recovery, I am sure if bitcoin can recover fully and pump again, Elon Musk will know that it is not a coin to toy with.
 
Ever since Elon Musk dumped bitcoin as payment options different reactions has been on media to give hope to bitcoin holders. Tim Draper a big fan of bitcoin said Elon Musk should also sell the bitcoin his holding in balance sheet and should stop accepting fiat Currencies to because they consume more carbon dioxide (C02)..
Share your views on this development.
Fiat currency does to a certain extent contribute to teh annual co2 emissions as well, however i think that overall it would be on a much smaller scale that teh cryptocurrency market in my opinion.
 
Fiat currency does to a certain extent contribute to teh annual co2 emissions as well, however i think that overall it would be on a much smaller scale that teh cryptocurrency market in my opinion.
These clowns are subjected to further verification by all of us because it is Elon MUSK's tweet that generated all these.
 
The thing is... Now that i see it having someone who can manipulate the price is a huge off to Cryptocurrency. I just hope elon doesn't take back his words in the near future
 

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