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For me things are getting better, as I prefer Bitcoin to use more energy (although I hope that the share of renewable energy usage will go up). If Bitcoin will

For me things are getting better, as I prefer Bitcoin to use more energy (although I hope that the share of renewable energy usage will go up). If Bitcoin will be successful, the price can go up 100x while energy usage goes up by 10-20x.

Gupie 6y ago
Why do you prefer Bitcoin to use more energy?
- xiphias2 6y ago
  Its security against nation state level attacks depends on the amount of energy used. There were many previous attempts to create private money independent of cental banks, but all failed due to national states clamping down on them. Bitcoin was the first private money that succeeded.
  - Gupie 6y ago
    > Its security against nation state level attacks depends on the amount of energy used. I don't understand how more energy used makes bitcoin harder to shut down. It would seem the opposite to me as energy usage could be used to find illicit mining.
    - xiphias2 6y ago
      Have you read the original Bitcoin whitepaper?
      - Gupie 6y ago
        No. Enlighten me.
        xiphias2 6y ago
        Do it, it's worth it. It will be the best ROI of your time in your life, it's just 9 pages.