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Bitcoin's total value being 2 trillion dollars is not the same thing whatsoever as bitcoin being responsible for 2 trillion dollars of GDP. There is no "merit"
by txcwpalpha 9y ago
Bitcoin's total value being 2 trillion dollars is not the same thing whatsoever as bitcoin being responsible for 2 trillion dollars of GDP. There is no "merit" here.
We can have $2 trillion in GDP with paper money, too, and that uses 0% of the world's power.
- yayitswei 9y agoNot 0% if you count the resources required to enforce that paper money.
- simplify 9y agoTo be fair, paper money requires banks & bank employees, bullet-proof transportation trucks, government regulation, anti-counterfeit research & technology, and perhaps more.
- rspeer 9y agoWhataboutism is a form of propaganda, not of fairness.
- zAy0LfpBZLC8mAC 9y agoComparing the consequences of alternative solutions to a problem is not whataboutism.