4 ms·
It's not a problem of Bitcoin but the reality in which there is no cap on externalities. Every sane person will try to limit consumption/waste of critical reso
by bttrfl 6y ago
It's not a problem of Bitcoin but the reality in which there is no cap on externalities.
Every sane person will try to limit consumption/waste of critical resources if she knows the resource is limited. It's an easy choice to make.
Do I take bath if I have just a bottle to drink while being lost on a desert? Do I keep car engine on in a garage?
For our convenience, any side effects of our consumption are hidden from us. We don't have to kill our bacon, keep waste at home, or enslave children to drink our cocoa. Occasionally we will shed a tear while watching a documentary about lovely, furry animals with sad eyes.
- aidenn0 6y agoIt's true that if we just put a tax on CO2, then either the price of BTC would go up, or the work factor would go down. However, that seems to be less politically feasible than banning BTC.