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Governments could apply a carbon and electronic waste offset tax to declared cryptocurrency income. The people making money from cryptocurrencies should pay eno
by beloch 5y ago
Governments could apply a carbon and electronic waste offset tax to declared cryptocurrency income. The people making money from cryptocurrencies should pay enough to fund projects that will fully offset their environmental costs.
Of course, those taxes will probably just disappear into general tax revenues and wind up paying for other things, but it would encourage crypto miners to pursue green energy sources and, perhaps, find better uses for obsolete graphics cards.
- chii 5y ago> The people making money from cryptocurrencies should pay enough to fund projects that will fully offset their environmental costs. why should crypto be specifically targeted for an energy use tax (ala, a carbon tax but with extra steps), instead of a general tax on energy use (aka, just implement the aforementioned carbon tax)?