Five Whys:
Bitcoin energy consumption is bad because
- consumption encourages production
- production outputs carbon
- carbon output isn't cost prohibitive
- carbon taxes are low
- incompetent governments
And who does Bitcoin threaten? Incompetent gov and the banks who own them.
Conversation
The real problem people have isn't with consumers of energy. The problem is that some forms of electricity production put carbon in to the atmosphere. If we don't like that, we should make that form of energy production cost prohibitive by taxing it, requiring offsets.
3
10
Show replies
Replying to
I appreciated your comments on h3 today. I think you convinced a lot of people to think deeper.
2
Show more replies