3 ms·

It is more ethical than financing wars through deficit spending. A on-chain bitcoin transaction allows an arbitrary number of off-chain transactions.

• rspeer 9y ago
  How many times are people going to try whataboutism on HN? Everyone can recognize it by now. The existence of war does not absolve you. If your standard of morality is "everything that's better than war is okay", you have approximately no morality.
  • VMG 9y ago
    The whataboutism started with uninformed statements about bitcoin energy usage. My rebuttal is about the costs of the alternatives.
    • Nuzzerino 9y ago
      Call it whatever you want. The days of proof-of-work are numbered, I can guarantee you that.
      • VMG 9y ago
        https://download.wpsoftware.net/bitcoin/pos.pdf https://download.wpsoftware.net/bitcoin/pos.pdf