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bitcoin doesn't damage environment by mining, that's just a dumb thing people like to repeat without spending a second to think about it. first - damage is don
by keymone 5y ago
bitcoin doesn't damage environment by mining, that's just a dumb thing people like to repeat without spending a second to think about it.
first - damage is done by producers of energy, not consumers
second - yes, consumers create the demand for energy, which drives producers to do harm, but harm is still producer's responsibility
third - if we want to reduce environmental harm, it is much more sensible to regulate producers in how they produce rather than regulating consumers in what they consume for
fourth - even if you somehow want to blame consumers - bitcoin mining actually drives development of green energy, increasing capacity, making green producers more profitable, allowing more development and r&d in that segment of energy production industry, so even by that ridiculous standard bitcoin mining is the last energy-consuming industry you want to be going after
- presentation 5y agoI guess I'll just leave a firehose blowing water out my window because it's not me who's literally sourcing tap water, it's the utilities, and if they do that by overusing and destroying some watershed it's not my fault since I'm not literally the one doing it. It's too bad my plan is not nearly as profitable as mining bitcoin though...
- keymone 5y agoFree markets are beautiful.