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If we're going to waste electricity, I'd rather we waste it on AI than on mining Bitcoin. At least AI is providing some utility to its consumers and there's re
by DebtDeflation 2y ago
If we're going to waste electricity, I'd rather we waste it on AI than on mining Bitcoin. At least AI is providing some utility to its consumers and there's reason to believe it will provide even more in the future.
- kaliqt 2y agoBitcoin provides massive utility to customers. The banking cartels + global government massive taxes are destroying livelihoods daily. The compute is "wasted" to pick winners and secure the system, but it's not actually wasted, it can be made more efficient by actually using the compute to do something, but even if that was not the case, it pays back its value 100x.
- ErikBjare 2y ago"waste it on AI" "at least AI is providing utility" Doesn't sound like a waste, does it? I'd go further and argue mining Bitcoin isn't either, but I digress.