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I worry about the level of manual approvals/chokepoints that increasingly exist in anglo societies. Luckily crypto isn’t very useful (especially in US/Canada),

I worry about the level of manual approvals/chokepoints that increasingly exist in anglo societies. Luckily crypto isn’t very useful (especially in US/Canada), but I worry about what happens when a useful industry becomes politically unpopular.

JustLurking2022 3y ago
Funny how crypto folk constantly talk about libertarian ideals, except when other people exercise their right not to do business with planet destroying scam artists.
- vdaea 3y ago
  I don't see this crypto "folk" asking the government to provide them with electricity under the threat of violence. He said "I worry about"
- k__ 3y ago
  Which cryptocurrencies besides Bitcoin are still running on useless PoW?
- whimsicalism 3y ago
  Yeah and also how 'crypto folk' call crypto useless. or wait... maybe I'm not a crypto person?
klyrs 3y ago
This isn't a little rubber-stamp issue. The issue at hand would require adding 2.5TWh/y of capacity. And, you're right, there are countries where you could totally grease the palms of some politicians and get a new coal plant built. I'm glad that Canada isn't so corrupt.
- whimsicalism 3y ago
  Anglo societies absolutely have a problem with committee veto. I get that you're proud that there is low corruption, but that doesn't mean other problems don't exist.
  - klyrs 3y ago
    > that doesn't mean other problems don't exist. That really isn't a gotcha: everybody's got problems. Another cool thing about Canada is that we're allowed to talk about the problems that do exist.
  - timeon 3y ago
    > Anglo societies absolutely have a problem with committee veto. They have bigger problem that is opposite. Lobbing. Like when proposal for golf resort in natural protected area was vetoed by committee in Aberdeenshire. But then after lobbing, decision was reversed by local government. Argued that it would create 6000 jobs. Result? There are no 6000 jobs and protected are is lost.
MattGaiser 3y ago
This particular project demands half the production of a new major dam. The dam has cost $16 billion so far and they want half of its production. It isn't feasible to just have a permissive attitude about that level of power consumption as it requires decades of prior planning.
- whimsicalism 3y ago
  If they’re paying for it, why not just build another dam? It sounds like the problem is that electricity is being priced below cost.
jeffwask 3y ago
> but I worry about what happens when a useful industry becomes politically unpopular. In a society driven by supply and demand capitalism, I can't fathom this scenario. Even popular stuff we currently prohibit, drugs, prostitution, gambling have thrived.
- whimsicalism 3y ago
  We impose significant societal costs on all of the things that you named that mean lots of people who want them can't get them for a good price. Black markets exist but that doesn't mean they function as well or efficiently as normal markets.
8note 3y ago
If you take BC as your example, forestry is politically unpopular for old growth forests, but the old growth forests keep being chopped down

JustLurking2022 3y ago

Funny how crypto folk constantly talk about libertarian ideals, except when other people exercise their right not to do business with planet destroying scam artists.

vdaea 3y ago
I don't see this crypto "folk" asking the government to provide them with electricity under the threat of violence. He said "I worry about"
k__ 3y ago
Which cryptocurrencies besides Bitcoin are still running on useless PoW?
whimsicalism 3y ago
Yeah and also how 'crypto folk' call crypto useless. or wait... maybe I'm not a crypto person?

klyrs 3y ago

This isn't a little rubber-stamp issue. The issue at hand would require adding 2.5TWh/y of capacity. And, you're right, there are countries where you could totally grease the palms of some politicians and get a new coal plant built. I'm glad that Canada isn't so corrupt.

whimsicalism 3y ago
Anglo societies absolutely have a problem with committee veto. I get that you're proud that there is low corruption, but that doesn't mean other problems don't exist.
- klyrs 3y ago
  > that doesn't mean other problems don't exist. That really isn't a gotcha: everybody's got problems. Another cool thing about Canada is that we're allowed to talk about the problems that do exist.
- timeon 3y ago
  > Anglo societies absolutely have a problem with committee veto. They have bigger problem that is opposite. Lobbing. Like when proposal for golf resort in natural protected area was vetoed by committee in Aberdeenshire. But then after lobbing, decision was reversed by local government. Argued that it would create 6000 jobs. Result? There are no 6000 jobs and protected are is lost.

MattGaiser 3y ago

This particular project demands half the production of a new major dam. The dam has cost $16 billion so far and they want half of its production. It isn't feasible to just have a permissive attitude about that level of power consumption as it requires decades of prior planning.

whimsicalism 3y ago
If they’re paying for it, why not just build another dam? It sounds like the problem is that electricity is being priced below cost.

jeffwask 3y ago

> but I worry about what happens when a useful industry becomes politically unpopular. In a society driven by supply and demand capitalism, I can't fathom this scenario. Even popular stuff we currently prohibit, drugs, prostitution, gambling have thrived.

whimsicalism 3y ago
We impose significant societal costs on all of the things that you named that mean lots of people who want them can't get them for a good price. Black markets exist but that doesn't mean they function as well or efficiently as normal markets.

8note 3y ago

If you take BC as your example, forestry is politically unpopular for old growth forests, but the old growth forests keep being chopped down