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Ah yes, if bitcoin is useless them by definition all the energy is waste. That "if is important. It all comes down to "what is the value of bitcoin".

• ashtonkem 5y ago
  Not what is the value of bitcoin, what is the use of bitcoin. What function does it fill for a society in order to justify the energy expenditure? Manipulating a dollar value of something is apparently trivial to do, just look at the wild fluctuations in bitcoins price. So far the resounding answer has been “number go up”. Well, that and crime if we’re being honest.
  • theK 5y ago
    I'm pretty sure he is trolling... It is evident by now that the energy fueling bitcoin should better be used otherwise.
    • reginold 5y ago
      Just to clarify, not trolling. For those who think Bitcoin has zero value, then by definition all the energy is waste. For those that think Bitcoin has value, then the energy is by definition not waste and it's a question of utility, what is the energy usage of what it's replacing.
      • ddsaso 5y ago
        I noticed that you've asked a couple folks in this thread on their thoughts around that Square memo, digging a bit more into their thoughts. Wondering if there's something specific you're trying to understand around people's thoughts?