3 ms·
I'm no fan of Bitcoin, seeing the project as essentially coopted and sabotaged, but I see this 'green' criticism as totally baseless. As I wrote a couple weeks
by CryptoPunk 6y ago
I'm no fan of Bitcoin, seeing the project as essentially coopted and sabotaged, but I see this 'green' criticism as totally baseless.
As I wrote a couple weeks ago:
If you want to take a Puritanical attitude, any luxury product/service can be argued to be wasting resources that could be expended on essentials. In other words, its alleged lack of utility doesn't provide a justification for destroying or banning it. It's up to others to decide how to spend their resources.
If CO2 emission, and its negative externality, is specifically the problem, then the principled position is to advocate that production of all non-essential/luxury products/services use non-CO2 emitting energy inputs.
Unless the measure is agnostic to what category of non-essential activity it targets, you'd just be singling out cryptocurrency, because it's not a non-essential that you personally believe is worthwhile enough to pollute the environment in order to produce, unlike say gaming, and the massive amounts of energy that gaming GPUs use.
- jonhendry18 6y agoExcept everything people do with Bitcoin could be done just as well with a less obscenely wasteful coin.
- CryptoPunk 6y agoThen don't use Bitcoin.