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>My bet is that the green argument will be the first attempt to neuter BTC. Seeing a lot of seemingly inorganic noise on this. At the same time in the US, we
by throwaway20875 6y ago
>My bet is that the green argument will be the first attempt to neuter BTC.
Seeing a lot of seemingly inorganic noise on this. At the same time in the US, we are running a power grid like a country that inherited it from its imperialist colonizers from the distant past with no inherent capability to improve or even sustain it. 650K miles of transmission lines are oversubscribed and there are less than a dozen regional substations that act as an aggregate single-point-of-failure for the entire country. Texas was the canary in the coal mine.
The fact that we're not having the genuine discussion around improving the efficiency, cleanliness, and resiliency of our infrastructure lays the true capabilities of my country and the intentions of those in power bare: we are a declining power managed by corrupt and power mad psychopaths. Bitcoin is the least of our worries - it's actually a symptom of loss of faith in the system.
- fny 6y agoI agree Bitcoin is the least of anyone's worries from an energy perspective. The politicians just need some excuse to take on cryptocurrency, and the green argument smells like the kind of thing they'd latch onto.
- throwaway20875 6y agoYes, I understood and agree with your point. I'm adding that it's a distraction from a far more serious discussion and revealing in itself of deeper issues.
- Loughla 6y ago>The fact that we're not having the genuine discussion around improving the efficiency, cleanliness, and resiliency of our infrastructure lays the true capabilities of my country and the intentions of those in power bare: we are a declining power managed by corrupt and power mad psychopaths. While I agree that we are managed by corrupt and power mad psychopaths, I'm not sure infrastructure spending (or lack thereof) should lay at their feet. It is a symptom of our elections that infrastructure and other non-sexy spending takes a backseat to large, mega projects designed to funnel federal and state dollars to localities. Politicians do not set the rules, voters set the rules. And the rule is that stability and planning are less important than flash and PR. And it's sad, and I'm convinced that this shortsightedness will cause people I know to die from something that could've been prevented (not coronavirus, like cancer or starvation or war).