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This is a fallacy I don't like. How about we solve both? Stopping bitcoin mining and drying using efficient technique if possible. We should dry cloth by hangi
by cute_boi 5y ago
This is a fallacy I don't like. How about we solve both? Stopping bitcoin mining and drying using efficient technique if possible.
We should dry cloth by hanging it if we can. If people aren't doing it, then I think we should discourage it. It just becomes essential during rainy or winter season where we can't dry clothes. And with modern dense urban style of living, which I disdain, has made people dependence on such tools because there is less space for gardening, drying clothes etc… And drying cloth by hanging require rotation otherwise color may fade etc.
The problem with bitcoin is its incentive to burn energy. Miners are competition to burn energy. While drying clothes, we aren't in competition with each other. One is game, the other is not. That's a big difference, IMHO.
Yes, traditional financial system is also bad that it requires loads of server etc. to maintain. But again, there is no incentive to burn energy just to win probability games.
How about we acknowledge that bitcoin is really problematic. Just like with everything, it has some miniscule benefits like it provides a way to live in certain countries like Argentina. But, just like with engineering difficulties, we should be able to weight its advantage and disadvantage. Bitcoin is clearly a bane for this world.
If you had compared drying clothes with 10x energy and increment of it as people dry more using machines, it would be analogous, but as of now your argument doesn't hold water.
- ftlio 5y agoIt's not a safe assumption that other forms of money exist that are less problematic than Bitcoin. People can and can't buy things using certain kinds of money largely because of the results of war or the threat of war. I'm always amazed at people that are confident the US Dollar machine is more ethical than Bitcoin. There's simply too much to consider to know for sure, and the experiment of making a better version of money is probably at least worth as much as drying clothes, especially when you consider it's as equally opt-in.
- UncleMeat 5y ago> It's not a safe assumption that other forms of money exist that are less problematic than Bitcoin. I believe it is. Replace BTC with an identical system except with a reward curve that isn't logarithmic and you have a strictly superior system for the world, except that early adopters no longer make off with gazillions of dollars.