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Society makes laws to prevent individuals from enrich themselves by harming the public. Committing climate arson so that you can get rich speculating on cryptoc
by seoaeu 4y ago
Society makes laws to prevent individuals from enrich themselves by harming the public. Committing climate arson so that you can get rich speculating on cryptocurrency is precisely the kind of externality that environmental regulations are designed to prevent
- mindslight 4y agoMuch more energy gets wasted by a high monetary inflation currency like USD, which pushes the economy to create additional busywork churn in the name of "growth".
- glerk 4y ago> Committing climate arson so that you can get rich speculating on cryptocurrency That's such a hyperbolic and frankly disingenuous way of putting it. Any human activity consumes energy to an extent. You are calling it "climate arson" because you personally don't like it, so it is a waste to you. What else should "society" ban because someone thinks it is not useful and harming the environment? Gaming PCs? Meat? Cars?
- shrimp_emoji 4y agoNB: Gaming PCs consume a tiny fraction of the energy of crypto, meat (especially beef), or cars. (I feel compelled to defend my lifestyle from the eco-chopping block.)
- seoaeu 4y agoNo, what's disingenuous is neglecting to consider how much energy is used by different activities. The average American's gaming, meat consuption, driving, and all other activities combined emit as much CO2 as only about a dozen Bitcoin transactions [0][1]. So yes, I'm going to go on considering cryptocurrency usage to be climate arson [0]: https://digiconomist.net/bitcoin-energy-consumption/ https://digiconomist.net/bitcoin-energy-consumption/ [1]: https://www.macrotrends.net/countries/USA/united-states/carbon-co2-emissions https://www.macrotrends.net/countries/USA/united-states/carb...