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> That's tautological. No it's not. I'm saying you can fix the problem by modifying one constraint. Fix the cost of energy, and you fix your problem with ene
by Frogolocalypse 9y ago
> That's tautological.
No it's not. I'm saying you can fix the problem by modifying one constraint. Fix the cost of energy, and you fix your problem with energy wastage. It will make absolutely zero difference to bitcoin what the price of energy is. If energy is more expensive, mining will reduce, and bitcoin difficulty resets to the lower mining hashrate.
> Do you also suppose that we should reduce vehicle emissions by increasing the cost of gasoline?
Of course. It's ludicrous to think otherwise.
- spookthesunset 9y agoWhat a cop out. So we have to increase energy prices so a bunch of greedy scammers can waste energy speculating on hot air? Again. Give me a break...
- Frogolocalypse 9y agoYou can do with your money what you like. There's a word for that : freedom.
- Huggernaut 9y agoOf course you can, but that doesn't make it not environmentally unfriendly.
- kindfellow92 9y agoBitcoin is modern gold. You can travel across borders with literally millions in your pocket without having to trust anyone. If you can’t see the value of that then you are being willfully ignorant.