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This is a strawman argument. I'm trying to think of a charitable interpretation, but it's difficult. The world's currency isn't ever going to be 100% bitcoin.
by sillysaurus3 9y ago
This is a strawman argument. I'm trying to think of a charitable interpretation, but it's difficult.
The world's currency isn't ever going to be 100% bitcoin. It's an invalid basis to start from.
I kind of see what you're trying to hint at, but it would be helpful for discussion if you could think of a more persuasive example.
(It may be difficult though, because it seems true to say that if Bitcoin starts becoming a significant fraction of the world's GDP then it's fine if it uses a little power. Where "little" is relative to the ratio of BTC's wealth vs the world's wealth, vs BTC's power usage to the world's power usage.)
- Dylan16807 9y ago> Where "little" is relative to the ratio of BTC's wealth vs the world's wealth, vs BTC's power usage to the world's power usage. If that's your metric then bitcoin gets an F- right now. Its world power usage fraction is much much higher than its world wealth fraction.