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> I would rather suffer the environmental damage that Bitcoin incentivizes over having central banking control our currency What multiplier do you have to add
by idreyn 5y ago
> I would rather suffer the environmental damage that Bitcoin incentivizes over having central banking control our currency
What multiplier do you have to add to the environmental damage to get to the point where Bitcoin meaningfully supersedes central banking instead of providing a funky niche alternative to it, and how do you feel about it then?
> No government can print Bitcoin at will to fund military spending
I can think of a few state actors that could take control of 51% of the network, and one with rather capricious views on private property rights that could do so just by seizing the mining hardware already operating on its soil.