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I’m going to produce a new currency which will be backed by blasting CFCs into the atmosphere. 1 ozone coin is awarded per hour, based on a lottery where you ge
by Closi 4y ago
I’m going to produce a new currency which will be backed by blasting CFCs into the atmosphere. 1 ozone coin is awarded per hour, based on a lottery where you get tickets depending on how much CFC you managed to blast.
If people are willing to trade this, it must be valuable and also thus must be worth more than the environmental damage being caused.
- danuker 4y agoAh well, here I argue that CFCs, same as carbon emissions, should be regulated. But it should be fair across all industries. My hypothesis is: special laws betray special interest - here, Big Oil still wants most of the world to pollute, but Big Banks want Bitcoin out of the picture.
- Closi 4y ago> But it should be fair across all industries I think this is at the heart of the difference in opinion - if the free market efficiently determines the best use of resources. My personal view is that it often doesn’t, and that where it doesn’t that the government should sometimes intervene.