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No, it is relevant. The switch to proof-of-stake is a recent one, there was plenty of CO2 emitted by mining ETH. And there is still infrastructure that support
by startupsfail 4y ago
No, it is relevant. The switch to proof-of-stake is a recent one, there was plenty of CO2 emitted by mining ETH. And there is still infrastructure that supports it. These are negative externalities, just like the negative externalities of crypto fraud, black markets and money laundering.
And it seems there isn’t much to show on the good side, for all these negative externalities.
- halpmeh 4y agoIt's not relevant to the topic at hand, which is whether or not most investors have lost money on Bitcoin for a very specific definition of "lost money". We can't talk about all things at all times. The discussion about Bitcoin's environmental impact can happen elsewhere.