Far left hatred for crypto seems entirely out of proportion to severity of stated concerns (bitcoin energy use, GPU scarcity). I suspect this is because crypto is charismatic libertarian megafauna. Thin end of a wedge threatening to undermine all collectivist political action.
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Replying to @vgr
Yeah, it annoys me because Climate Change is a supply side problem, and if the externalities were priced in, BTC mining would automatically drop proportionally. I'm not a big fan of PoW, but it's still silly.
1 reply 0 retweets 4 likes
Replying to @BenDMahala
Even if the concern were well-posed, bitcoin wouldn’t even make the top 20 things to hit for decarbonization
6:06 PM - 16 Feb 2018
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