4 ms·
I'm not sure this response is from a mind equipped to apprehend the adequate or necessary level of abstraction to address the issue, but it bears addressing bec
by motohagiography 4y ago
I'm not sure this response is from a mind equipped to apprehend the adequate or necessary level of abstraction to address the issue, but it bears addressing because it is representative of the quality of argument made in favour of bitcoin bans and regulations.
The crux of bitcoin is sound money tied to compute costs - which directly are energy costs. It rewards people who find and apply sources of energy they can convert into compute wherever they may be. I've found some people say they don't understand things when doing so would create a conflict with their ability to sustain dissonance. My comment wasn't for them, it was for people with the need and ability to understand the macro dynamics of the policies that impact us all, and that there is a view that is upsteam of all this anti-crypto hysteria.