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I think you will need a citation for "one of the chief motivating factors behind crypto currency adoption has the idea of being able to avoid things like carbon

I think you will need a citation for "one of the chief motivating factors behind crypto currency adoption has the idea of being able to avoid things like carbon taxes and energy quotas". The chief motivating factor is a fair economic system. By your logic anything energy intensive industry should be stopped because of the pollution it causes. Say goodbye to the Steel industry, Aluminium industry, Chemical industry, Textile Industry, Copper industry. https://www.ecofys.com/files/files/ecofys-fraunhoferisi-2015-electricity-costs-of-energy-intensive-industries.pdf https://www.ecofys.com/files/files/ecofys-fraunhoferisi-2015... I guess this comes down to the fact you think it is more pragmatic, sensible, likely and beneficial to have Bitcoin miners stop mining. I think it is more pragmatic, sensible, likely and beneficial to have a price on carbon.

notahacker 8y ago
You're actually asking for citations for the idea that the theoretical point of Bitcoin is reducing government control of money and a large practical part of the BTC economy is regulatory evasion?! I'm going to go out on a limb and say that the steel industry, aluminium industry, chemical industry, textile industry and copper industry have done more for humanity than Bitcoin. Use less electricity though... YMMV, but I think it is more pragmatic, sensible, likely and beneficial to stop shitting on people's lawns than to evangelise wider adoption of a system for producing more shit, funnelling it more efficiently to lawns less likely to attract the attention of shit regulators, whilst insisting the real problem is that the lack of a global shit tax. (I'd have used a less fecal analogy like hazardous waste and clandestine disposal systems but that's a little too close to stuff I'm actually working on making more difficult in the day job!)
- hndamien 8y ago
  "citation for "one of the chief motivating factors behind crypto currency adoption has the idea of being able to avoid things like carbon taxes and energy quotas"." != "citations for the idea that the theoretical point of Bitcoin is reducing government control of money and a large practical part of the BTC economy is regulatory evasion?!"
  - notahacker 8y ago
    If you lack either the intellectual honesty to admit that one of the few reasons people pay for things in Bitcoin is to evade local regulations or the intellectual capacity to grasp the linkage between avoiding regulations and avoiding taxes and quotas on carbon, you probably shouldn't be evangelising about "fairer financial systems"...
    - hndamien 8y ago
      So no citation for your assertion then. Got it.
      - notahacker 8y ago
        Nah, you're right, there's no articles at all on the internet about cryptocurrency and tax evasion[1]. The IRS fought court orders to get Coinbase transaction details after discovering only a few hundred Americans had reported BTC gains[2] because nobody else made any profits trading crypto. Directors of the Bitcoin foundation are building Bitcoin hubs in Puerto Rico[3] because they like hurricane damage, not to avoid any obligation to pay taxes on their capital gains. Sure they really want a fairer economy and they'll totally ensure they locate their mining somewhere they can pay carbon taxes. I'm bored. Do you want me to find a citation for the Pope's religion next? [1]http://lmgtfy.com/?q=bitcoin+tax+evasion http://lmgtfy.com/?q=bitcoin+tax+evasion [2]https://www.cnbc.com/2017/11/30/bitcoin-investors-beware-the-irs-wants-its-cut-and-you-may-not-know-it.html https://www.cnbc.com/2017/11/30/bitcoin-investors-beware-the... [3]https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html https://www.nytimes.com/2018/02/02/technology/cryptocurrency...

notahacker 8y ago

You're actually asking for citations for the idea that the theoretical point of Bitcoin is reducing government control of money and a large practical part of the BTC economy is regulatory evasion?! I'm going to go out on a limb and say that the steel industry, aluminium industry, chemical industry, textile industry and copper industry have done more for humanity than Bitcoin. Use less electricity though... YMMV, but I think it is more pragmatic, sensible, likely and beneficial to stop shitting on people's lawns than to evangelise wider adoption of a system for producing more shit, funnelling it more efficiently to lawns less likely to attract the attention of shit regulators, whilst insisting the real problem is that the lack of a global shit tax. (I'd have used a less fecal analogy like hazardous waste and clandestine disposal systems but that's a little too close to stuff I'm actually working on making more difficult in the day job!)

hndamien 8y ago
"citation for "one of the chief motivating factors behind crypto currency adoption has the idea of being able to avoid things like carbon taxes and energy quotas"." != "citations for the idea that the theoretical point of Bitcoin is reducing government control of money and a large practical part of the BTC economy is regulatory evasion?!"
- notahacker 8y ago
  If you lack either the intellectual honesty to admit that one of the few reasons people pay for things in Bitcoin is to evade local regulations or the intellectual capacity to grasp the linkage between avoiding regulations and avoiding taxes and quotas on carbon, you probably shouldn't be evangelising about "fairer financial systems"...
  - hndamien 8y ago
    So no citation for your assertion then. Got it.
    - notahacker 8y ago
      Nah, you're right, there's no articles at all on the internet about cryptocurrency and tax evasion[1]. The IRS fought court orders to get Coinbase transaction details after discovering only a few hundred Americans had reported BTC gains[2] because nobody else made any profits trading crypto. Directors of the Bitcoin foundation are building Bitcoin hubs in Puerto Rico[3] because they like hurricane damage, not to avoid any obligation to pay taxes on their capital gains. Sure they really want a fairer economy and they'll totally ensure they locate their mining somewhere they can pay carbon taxes. I'm bored. Do you want me to find a citation for the Pope's religion next? [1]http://lmgtfy.com/?q=bitcoin+tax+evasion http://lmgtfy.com/?q=bitcoin+tax+evasion [2]https://www.cnbc.com/2017/11/30/bitcoin-investors-beware-the-irs-wants-its-cut-and-you-may-not-know-it.html https://www.cnbc.com/2017/11/30/bitcoin-investors-beware-the... [3]https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html https://www.nytimes.com/2018/02/02/technology/cryptocurrency...