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Agreed on all points, though would like to point out that capitalism merely allocates resources. We have a ton of people with sky-high standards of living, and
by FredPret 6y ago
Agreed on all points, though would like to point out that capitalism merely allocates resources. We have a ton of people with sky-high standards of living, and not a lot of deployed green tech yet. Pollution is inevitable, at least for now.
Taxing externalities like carbon, microplastics, topsoil erosion is probably the most efficient way forward.
Bitcoin is really neat but probably isn’t saving a single frog or leaf anytime soon.
It’s worth noting that cryptocurrency might in principle be able to help a lot of people who are locked out of the financial system to transact and take part in the online economy. This includes many/most people in the third world. This has nothing to do with hodling though.