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Unfortunately I'm no longer given the option to reply to your latest comment. But I've said everything I wanted to say. That you can't entertain the idea of mo
by npoc 3y ago
Unfortunately I'm no longer given the option to reply to your latest comment. But I've said everything I wanted to say.
That you can't entertain the idea of money containing a form of energy or the quantitative theory of money, and believe in Keynesian economics tells me there is little point in me going further. It will simply take too much time to explain.and my energy is better spent elsewhere.
One last thing I want to leave you with is that anyone is free to do whatever they want with electricity they've paid for, be it computer gaming, drying clothes or lighting the outside of their house at Christmas (all of which use comparable amounts to bitcoin mining).
Energy use is a good thing and correlates heavily with the level of civilization. How we create the electricity is the crucial thing.
- danShumway 3y ago> One last thing I want to leave you with is that anyone is free to do whatever they want with electricity they've paid for, be it computer gaming, drying clothes or lighting the outside of their house at Christmas (all of which use comparable amounts to bitcoin mining). I'm happy to head off here, but quick note that Bitcoin mining also does use substantially more energy than all of these activities, it's not comparable.
- npoc 3y agoHFSP :-D