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To counter the whataboutisms abounding in the comments thread here, I will start a comment tree differently. How does the bitcoin community solve this problem?

To counter the whataboutisms abounding in the comments thread here, I will start a comment tree differently. How does the bitcoin community solve this problem? Is migrating to a proof-of-stake system viable in the long term? Would doing so affect the value of bitcoin as an asset? Would it improve it's value as anything else?

rfd4sgmk8u 5y ago
No, PoS is an insecure trick that reinvents TradFi power structures. PoS bitcoin has been tried, and it is worth very little (like other PoS coins). Bitcoiners dont consider energy usage a actually a problem, infact, it is one of its greatest strengths! PoS is not the path forward. Reducing energy is not the path forward. Clean energy generation is the only way forward.
- hootbootscoot 5y ago
  1 megawatt can give you X satoshis of imaginary bla bla. 1 megawatt can smelt a lot of metal that can build bridges and electric vehicle parts, for example. Whereas energy production is finite. Whereas BTC and it's ilk steal from the mouths of babes. Whereas BTC and it's ilk currently cause real externalities, in the real physical communal world we share.
Glench 5y ago
I don't know anything about proof-of-stake but Chia by the inventor of bittorrent (Bram Cohen) uses Proof of Space/Time by using extra commodity hard drive space instead of special-purpose CPU cycles: https://www.chia.net/ https://www.chia.net/ Their mainnet has been out for a month and people are able to mine ("farm") using low-energy hardware. There are people that are farming petabytes of storage with a single Raspberry Pi. I myself am using an old crappy laptop with some unused hard drives I had around the house.
wmf 5y ago
They don't see it as a problem and have no intention of solving it.
- hootbootscoot 5y ago
  The climate emergency?