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I wouldn't worry, in a world where Bitcoin takes over, the economic logic is such that no power can be used for non-Bitcoin purposes until profitable mining has
by kryptiskt 6y ago
I wouldn't worry, in a world where Bitcoin takes over, the economic logic is such that no power can be used for non-Bitcoin purposes until profitable mining has been arbitraged away. This means that the vast majority of power generation will be dedicated to hashing while the oceans rise and the environment dies. The people with the bitcoin will not find a whole lot to buy for the coins in the wasteland when it all has played out.
- throwawayyy1986 6y ago> This means that the vast majority of power generation will be dedicated to hashing while the oceans rise and the environment dies. You have no evidence for this claim, it's just a profusely fantastic image that cleaves to your political bias.