3 ms·
Nice effort, but why? 1) There's no need to capture CO2 2) There's no need to record that on a blockchain or use crypto - you could use Github or Gitlab or IP
by Proven 5y ago
Nice effort, but why?
1) There's no need to capture CO2
2) There's no need to record that on a blockchain or use crypto - you could use Github or Gitlab or IPFS with PGP-signed notary statements. Or push commits to all three.
3) Most enterprises are already forced to capture (or pay for outsourced capture, buy CO2 credits and other nonsense), so in order to make CO2 Coin viable in terms of (voluntary) market demand, you'd have to stop the government climate racket first. Good luck getting your friendly government department to give up on the millions of dollars they collect.
4) Considering how expensive global warming racket has become, I can't believe enterprises or individuals can be incentivized to use such a coin. It's much better to just ignore the schema - once the government is out of it (necessary condition for a CO2 Coin), damage from not participating in the racket would be negligible. Nobody wants to pay for it - if they did, we wouldn't have CO2 taxes and excises and no meaningful voluntary contributions.