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Isn't it interesting that it is never a "waste" if it is the Pentagon that is polluting and poisoning the world. But if there is a technology that threatens go
by VMG 5y ago
Isn't it interesting that it is never a "waste" if it is the Pentagon that is polluting and poisoning the world.
But if there is a technology that threatens government power, suddenly it's suddenly all about the Earth.
For many people, Bitcoin is the only reliable technology to prevent their savings to be destroyed by inflation and to evade cruel sanctions. Your opinion has no value to them.
- sk0g 5y agoThe first point is classic whataboutism. Would you defend a murder court case by claiming people don't care when the police kill people? It's the same thing, but people being replaced by the planet. Second point - who are these people, and how much of BTC usage comes from that, vs greedy 'investors'/'evangelists' who have bought in, and get rich by other people buying in? It's a rich people's plaything. Poor people in third world countries own very little of it, because they are poor. Bitcoin, and crypto as a whole, is a solution in search of a problem. It can be hammered into lots of use cases, but most are solved more quickly and efficiently by a backend and a database.
- VMG 5y agoBitcoin is targeted because it is a threat to power, not because of any environmental concerns. The people who use it do not have to justify it for you or anyone else. That's what makes it successful.
- Jensson 5y agoSweden wouldn't be the first western country to ban crypto mining if it was just about power. Sweden has a lot of environmentalists in its government though, so it makes sense that Sweden is the first western country to ban it for environmental reasons. If you think a government wouldn't ban crypto for environmental reasons, can you believe a country would ban drinking straws for environmental reasons? Yeah, that happened, banning crypto is much more reasonable than banning drinking straws.
- devoutsalsa 5y agoHow is BitCoin a threat to power? It’s no more a threat to power than 1990s Beanie Babies on EBay.
- DonHopkins 5y agoDo you really have to just make stuff up like that? Speak for yourself. YOU may not have any environmental concerns because you don't give a shit about the environment, but you can't blame everybody else for being that negligent.
- ilammy 5y agoCompare and contrast this with military spending. Arguably, all of it is pure waste since you wouldn't need it in the first place if people weren't using violence as a means to resolve conflict. And yet here we are, so states have to allocate certain spending to maintain healthy military balance and support the walls of peace, so to speak. Even if the military is never going to be used offensively, to seize profit for the state, nations still have to waste resources on its maintenance as a deterrent of foreign aggression. (Oh, and occasionally some military-related or military-funded research results in something with non-military applications.) Bitcoin and other decentralized cryptocurrencies are the same thing but for wealth and trade, being a necessary spending on deterrent maintenance. But this time it's not tied to any government, so naturally all governments are pissed off about it to a certain degree.
- VMG 5y agoThe military industrial complex has destroyed millions of lives and poisoned counties for decades to come. The abolition of the system that is perpetrating these crimes should be the top priority for any environmentalist and humanitarian. Governments ability to print money is a critical component of this system. Bitcoin can run on completely emission free energy and end the era of money printing.