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I want to clarify, that i argue against Bitcoin and not against cryptocurrency. I can imagine a world with a Crypto-Euro which doesn't has any gold equivilent a
by Hermio 5y ago
I want to clarify, that i argue against Bitcoin and not against cryptocurrency. I can imagine a world with a Crypto-Euro which doesn't has any gold equivilent anymore and works on some blockchain technology but is controlled / signed through central banks (like every central bank of every european country) which would also solve the energy issue.
Your transparency argument, while flaws have been shown from the other person commenting on it, is too much transparency. No one wants to have all transactions publicly available. It could make sense to use it for public funds.
I argue against Bitcoin itself as an independent tool and the power consumption of bitcoin and i don't think we need to spend that much Energy on Bitcoin right now to do further research on blockchain and crypto currencies.
I have never thought about how to write my arguments shorter as no-one every brought it up. But online also makes it quite hard to have a common ground. I will try to be more aware of this.