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> Why not ask the question: "how can we incentivise usage of clean over dirty energy?" Because that would be absolutely pointless. If energy were infinite and
by bambax 6y ago
> Why not ask the question: "how can we incentivise usage of clean over dirty energy?"
Because that would be absolutely pointless.
If energy were infinite and free, then all of this would disappear instantly.
The value of crypto is proportional to the future cost of minting. No future cost == zero present value.
- willtemperley 6y ago> Because that would be absolutely pointless. You are actually arguing that it's pointless to incentivise usage of clean over dirty energy. Do you own a coal mine? > The value of crypto is proportional to the future cost of minting. No future cost == zero present value. This argument requires some evidence. I was under the impression that scarcity of the asset underpinned the value.
- bambax 6y agoPointless in the context of Bitcoin mining, which is what we are debating. Not pointless in general. I don't own a coal mine. Or Bitcoins. Or stocks. Or much, really.