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We need a significant worldwide CO2 emissions tax to get rid of the POW coins and replace them with something vastly more efficient. Bitcoin is unable to evolv
by Tepix 6y ago
We need a significant worldwide CO2 emissions tax to get rid of the POW coins and replace them with something vastly more efficient.
Bitcoin is unable to evolve due to lack of consensus. The only constant is change. If bitcoin is unable to change it will die.
- ed25519FUUU 6y agoBut how else will we get rich without doing any work?
- Tepix 6y agoYou can still pump the new coins, you just won't need to create megatons of CO2 in the process.
- imtringued 6y agoYou can buy stocks. The company you are investing in can do the work on your behalf.
- cheeseomlit 6y agoOK then go ahead, what's your vastly more efficient solution?
- Tepix 6y agoIt seems that Avalanche consensus is a strong contender, isn't it?
- BluSyn 6y agoPoW isn't going anywhere. CO2 tax would just push more mining to renewable, which 80% of it already is. This is all FUD.
- Tepix 6y agoPOW is taking renewable energy away from other consumers of electricity.