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You are trying to brush off criticism with a red herring. The US military doesn’t secure USD... and we need to have a conversation about energy consumption and

You are trying to brush off criticism with a red herring. The US military doesn’t secure USD... and we need to have a conversation about energy consumption and Bitcoin. We need to regulate mining for it the same way we regulate other mining on the planet. Physical or digital or still uses energy and we need to have a conversation and look at options. Not just dismiss critics for pointing out the obvious.

fredfoobar 6y ago
> The US military doesn’t secure USD The dollar is literally backed by the extraction and sale of oil (for dollars), which itself is enforced by the largest consumer of oil in the world, the U.S. military, and they secure the trade routes with their aircraft carriers and subs. It's called the petrodollar for a reason. I'm not dismissing criticism, I'm just questioning your line of criticism. Everyone will accept a fair regulatory regime, many of you are calling for an outright banishment, that's unacceptable.