4 ms·
> the vast security forces and militaries there to secure it (military being the largest polluter) I've seen several comments in this thread comparing BTC's en
by giaour 4y ago
> the vast security forces and militaries there to secure it (military being the largest polluter)
I've seen several comments in this thread comparing BTC's energy consumption to that of the world's militaries; is this a new crypto meme?
I hate to be the one to break this to you, but we would still need police and the military even if the world only used cryptocurrency. The irreversibility of crypto transactions increases the ROI of crime, so I think we would need more police and larger militaries in that world. Also, non-financial crime and interstate conflict exists.
- 6510 4y agoWe can do a proof of crime and a proof of war blockchain and make law enforcement and conflict into tradable assets.
- giaour 4y agoWouldn't that incentivize people to create crimes that they could then stop to collect their PoliceCoin? Or to stoke short-lived interstate conflict to mine some more WarCoin? But that'll just mean more and more opportunity for PoliceCoin and WarCoin, so maybe it's actually sound monetary policy.