> "Bitcoiners are trying to create a public good (a non-excludable and non-rival data network) that is also self-sufficient (pays for its own provision)." What

> "Bitcoiners are trying to create a public good (a non-excludable and non-rival data network) that is also self-sufficient (pays for its own provision)." What is the economic benefit of Bitcoin, net of the environmental cost of powering its provision mechanism? If in the long term the cost of energy expenditure to generate a new coin surpasses its value, then society is in the red.