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I agree, taxing carbon usage is the correct way to go about this. All the ways I can think of taxing Bitcoin directly wouldn't modify the right behaviors. It se
by xur17 6y ago
I agree, taxing carbon usage is the correct way to go about this. All the ways I can think of taxing Bitcoin directly wouldn't modify the right behaviors. It seems like the options would be:
* Tax Bitcoin transactions - decreasing Bitcoin transactions wouldn't decrease energy usage
* Tax Bitcoin holdings - this is already accomplished via capital gains taxes, and again, it isn't the holding or usage of Bitcoin that causes the energy usage. It's the fact that Bitcoin has value that causes usage.
- toyg 6y ago* Aggressively taxing GPU sales, with exemptions for some sectors and hard monitoring of commercial flows.
- xur17 6y agoWell for 1, that won't affect Bitcoin mining since it hasn't been profitable to mine on a GPU for years, and 2 that will just force mining overseas to locales that don't have this tax (possibly to locales that have less carbon efficient energy sources).
- gruez 6y agoGPUs are made in china/taiwan so good luck with that.