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I feel like you guys are completely inside the matrix here so allow me to explain... Bitcoin is being fought by banks and governments because it threatens the

I feel like you guys are completely inside the matrix here so allow me to explain... Bitcoin is being fought by banks and governments because it threatens the dollar and the banking system. The future they want is a global coin, not a decentralized currency.

agilob 5y ago
>Bitcoin is being fought Proof of Work coins are being fought for governments because they committed to goals decided in Paris Agreement and PoW CCs are making it harder to achieve the goals. Swedes discuss banning Bitcoin, but not PoS coins or premined coins that do not have PoS or PoW
karamanolev 5y ago
How about the people win against the evil banks and governments ... and then proceeds to drown in the rising oceans, burn in increased wildfires, freeze in extremely cold weather (including all the gas and coal power plants used to mine BTC, see recent Texas events).
- amjnsx 5y ago
  We could ban bitcoin and still drown in rising oceans. 100 companies contribute to 70% of Earth’s pollution. Why aren’t we banning them? https://www.theguardian.com/sustainable-business/2017/jul/10/100-fossil-fuel-companies-investors-responsible-71-global-emissions-cdp-study-climate-change https://www.theguardian.com/sustainable-business/2017/jul/10...
  - karamanolev 5y ago
    Classic whataboutism. Don't. The fact that we aren't banning some things that we should (if we have an alternative) doesn't mean we shouldn't ban anything. To be clear, I'm all for banning climate change activities that we have an alternative for. Also for accelerating research into things for which we don't. Bitcoin can be regulated in order to limit the climate change effects, right now it's a huge tulip mania.
azaras 5y ago
Then, how is it? Mining bitcoins does not use a lot of electricity.
meeriee 5y ago
> Bitcoin is being fought by banks and governments because it threatens the dollar and the banking system. What's wrong with the dollar? Just because something is centralized doesn't mean it's bad.
- ur-whale 5y ago
  > What's wrong with the dollar? If you were a normal person living in Iran (or any other country to which the US decides to apply arbitrary economic sanctions), you might feel rather different about this.
- azth 5y ago
  The government can print money at will. Just look at what's happening recently with inflation. The government does not have the right to devalue people's hard work at a whim.

agilob 5y ago

>Bitcoin is being fought Proof of Work coins are being fought for governments because they committed to goals decided in Paris Agreement and PoW CCs are making it harder to achieve the goals. Swedes discuss banning Bitcoin, but not PoS coins or premined coins that do not have PoS or PoW

karamanolev 5y ago

How about the people win against the evil banks and governments ... and then proceeds to drown in the rising oceans, burn in increased wildfires, freeze in extremely cold weather (including all the gas and coal power plants used to mine BTC, see recent Texas events).

amjnsx 5y ago
We could ban bitcoin and still drown in rising oceans. 100 companies contribute to 70% of Earth’s pollution. Why aren’t we banning them? https://www.theguardian.com/sustainable-business/2017/jul/10/100-fossil-fuel-companies-investors-responsible-71-global-emissions-cdp-study-climate-change https://www.theguardian.com/sustainable-business/2017/jul/10...
- karamanolev 5y ago
  Classic whataboutism. Don't. The fact that we aren't banning some things that we should (if we have an alternative) doesn't mean we shouldn't ban anything. To be clear, I'm all for banning climate change activities that we have an alternative for. Also for accelerating research into things for which we don't. Bitcoin can be regulated in order to limit the climate change effects, right now it's a huge tulip mania.

azaras 5y ago

Then, how is it? Mining bitcoins does not use a lot of electricity.

meeriee 5y ago

> Bitcoin is being fought by banks and governments because it threatens the dollar and the banking system. What's wrong with the dollar? Just because something is centralized doesn't mean it's bad.

ur-whale 5y ago
> What's wrong with the dollar? If you were a normal person living in Iran (or any other country to which the US decides to apply arbitrary economic sanctions), you might feel rather different about this.
azth 5y ago
The government can print money at will. Just look at what's happening recently with inflation. The government does not have the right to devalue people's hard work at a whim.