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> It's bad for the environment Not any more so than other forms of energy consumption. If anything, Bitcoin incentivizes the use of clean renewable energy. htt
by statoshi 5y ago
> It's bad for the environment
Not any more so than other forms of energy consumption. If anything, Bitcoin incentivizes the use of clean renewable energy. https://niccarter.info/topics/ https://niccarter.info/topics/
> bad for crime
Hard to even parse what that means given how much crime is committed via dollars. https://unchained-capital.com/blog/bitcoin-is-not-for-criminals/ https://unchained-capital.com/blog/bitcoin-is-not-for-crimin...
> bad for laymen
Meaningless drivel.
> undemocratic (vote with money)
Bitcoin is both undemocratic AND is not a "vote with money" type of system. Governance is unrelated to who holds it. https://www.lopp.net/bitcoin-information/governance.html https://www.lopp.net/bitcoin-information/governance.html
> no knobs to adjust monetary/fiscal policy
That's a feature.
> it poses as an alternative to government institutions that serve society with things like roads and health care.
Also a feature. https://www.coincenter.org/a-human-rights-activists-response-to-bitcoin-critics/ https://www.coincenter.org/a-human-rights-activists-response...
- Nursie 5y ago> If anything, Bitcoin incentivizes the use of clean renewable energy. By that measure anything that has a huge energy demand incentivises the use of clean energy. In a world where we're really trying to restrict energy use because we haven't yet got the green capacity we need, that's not a good argument.