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I think the major argument against that is ethical. I wouldn't invest in something that has disastrous consequences on the environment, even if the expected ret
by ramchip 5y ago
I think the major argument against that is ethical. I wouldn't invest in something that has disastrous consequences on the environment, even if the expected returns are great.
- deleted 5y ago[deleted]
- atweiden 5y agoMuch of what passes for human industry is essentially just strip mining the planet of its natural resources. I’d recommend watching Sir David Attenborough’s A Life On Our Planet for a sobering view of the ecological footprint of non-Bitcoin human economic activity, which presumably you invest in one way or the other. Moving to a global deflationary economic system per Bitcoin would at least disincentivize the rampant consumerism destroying this planet via disincentivizing capital investment and spending.