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Bitcoin or anything really should be allowed to use however much energy it is economically feasible. The real question is, why is there no better use for that e
by insert_coin 6y ago
Bitcoin or anything really should be allowed to use however much energy it is economically feasible. The real question is, why is there no better use for that electricity than to compute numbers? How our economies became so stagnant the best return for capital investment is bitcoin?
Bitcoin was designed in part as a challenge to the monetary system, but it has ended up shining a light onto a much bigger problem: the economy itself is broken, it is sick, energy usage is just one of the symptoms. Resources in most industries are being wasted so much investors see no value in generating 'real' productivity. Hence the demand for cryptocurrencies.