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Thanks for taking the time to point this out, especially since you're swimming upstream. > I think a more intellectually interesting debate to have is whether
by kaolti 8y ago
Thanks for taking the time to point this out, especially since you're swimming upstream.
> I think a more intellectually interesting debate to have is whether or not Bitcoin is useful to society
Exactly.
- claudiawerner 8y agoI don't think it's at all useful to society conceived of as the best a society could be, but there's no doubt it's useful to capital. Either way, I'm not sure if merely being useful to society is sufficient to justify that level of energy usage.
- once_inc 8y agoBitcoin is censorship-free, permissionless money. It is sound money (the single soundest money ever conceived) and this allows for an age of monetary freedom where citizens are no longer forced to fight an uphill battle against centrally planned 2% inflation that is gradually transforming the working class into a position reminiscent of indentured servant.