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The first part of point #2 is interesting because it's a blessing or a curse depending on which side of the hegemony you're on. Hypothetically speaking, if the
by neither_color 5y ago
The first part of point #2 is interesting because it's a blessing or a curse depending on which side of the hegemony you're on. Hypothetically speaking, if the Soviet Union were the current dominant superpower, or if China were the dominant superpower 15 years from now, and the US were under sanctions, wouldn't point 2 be a blessing? Being able to circumvent the wishes of the superpower du jour, for better or worse, does give an inherent value to the network regardless of whether the energy used is green or not.
- sobani 5y agoI think @laurent92 didn't say something like: Bitcoin is bad, because bad countries use it. I think it was more like: There's a risk _for Bitcoin_ if the US brings out the ban hammer, because bad countries use it. Nowadays a lot of people are not libertarians that would see the US opposing it as a proof it's valuable, but more speculators whom would have nothing left if Coinbase and co. were to shut down.