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Your argument doesn't seem to apply to something like climate change. Of course it already pays off to be honest and reduce emissions, but there is a conflict b
by j2kun 10y ago
Your argument doesn't seem to apply to something like climate change. Of course it already pays off to be honest and reduce emissions, but there is a conflict between short-term profits and long-term goals. Unlike Torrent, in which a small number of good actors are sufficient for the health of the system, with climate change you need _most_ actors to be honest. Same goes for nuclear weapons.
I have yet to read or hear a convincing argument that decentralization is an effective solution to the climate change problem (and I work at a bitcoin company!). I'm open ears, though :)
- stale2002 10y agoIt does NOT pay off to reduce emissions, in the short term or the long term. A single factory will not suffer the consequences of global warming, and has an incentive to produce as many bad emmisions as possible, and make OTHER people pay for the consequences. That's why it is a prisoners dilemma.
- j2kun 10y agoIt pays off in a less tangible sense, that the people who run the factory will have a successful line of children. > That's why it is a prisoners dilemma. I disagree. In the prisoner's dilemma the prisoner chooses to defect despite it ultimately and predictably having a negative effect on himself personally.