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Yes, but that is not a sufficient justification for war. The idea that bitcoin incentivizing efficient power generation because it consumes all that power some
by munificent 5y ago
Yes, but that is not a sufficient justification for war.
The idea that bitcoin incentivizing efficient power generation because it consumes all that power somehow being a justification for bitcoin is entirely bananas.
- enchiridion 5y agoIf your concede that there's a trade off then there is a point where the efficiency gains outweigh the negative externalities. I think it's unknowable right now where we will land, and as an optimist I choose to believe we will end up on the right side of the trade off, based on the apparent efficiency of market forces.