4 ms·
Great now do the U.S. dollar
by lai-yin 6y ago
Great now do the U.S. dollar
- teekert 6y agoAnd then $'s spend on armies!
- thendrill 6y agoIf you have an army you don't need bitcoin. You just need to know where the guy with bitcoins live
- pwinnski 6y agoBecause if the US adopted BTC, we wouldn't need an army at all? Is that the claim?
- teekert 6y agoThe US spends a lot of $ on waging war, $ that could have been spend on Healthcare, or funding initiatives that help combat climate change. I'm saying Healthcare and climate are hardly a priority for the US, so why is BTC the bad guy here?
- bingbong70 6y agoBitcoin takes away the power of central banks to fund wars willy nilly. All the corrupt forces that suck at the teat of free money will coalesce around the protection of this debasement racket and so we get these "think of the kids needing energy" articles...
- jf22 6y agoThis is such a meme'y reply that boils down to pure whatabouism.
- effie 6y agoWhat is wrong with search for some comparisons and perspective? Everything has externalities, let's compare them to see how big of an elephant this really is.
- GavinMcG 6y agoNothing's wrong with it. But the fact that this paper looks at a specific different piece of the puzzle doesn't make it bad. You're just asking for an entirely different piece of research, and criticizing this even though it's a step toward being able to make that comparison.
- DennisP 6y agoAnd include a cost-benefit analysis taking into account that the US dollar does about 100,000 transactions per second, and bitcoin does seven. Also consider more scalable cryptocurrencies running proof-of-stake.