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Utilities are subsidized by the taxpayer. We also don't tax carbon emissions at what they cost to clean up, so bitcoin mining on a grid that uses fossil fuels
by dymk 3y ago
Utilities are subsidized by the taxpayer.
We also don't tax carbon emissions at what they cost to clean up, so bitcoin mining on a grid that uses fossil fuels dirties the planet without paying for its clean up.
- balderdash 3y agoDo you mean the ratepayer?
- dymk 3y agoWhat do you think the venn diagram of ratepayer and taxpayer looks like?
- balderdash 3y agoI was alluding to commercial/industrial users as well - but I guess those are tax payers too!
- deleted 3y ago[deleted]
- varispeed 3y agoDo they not pay tax? Should we look at other entities using energy? For instance, why not look at all the data centres? I am sure the world could live with 90% services shut down. Memes, gossip sites, blogs are non-essential and many more.
- dymk 3y agoThey do not pay (enough) tax, no. Nowhere near what the actual cost of producing that energy is.