7 ms·
Pray tell, which part is it that you find fault with?
by gitrog 6y ago
Pray tell, which part is it that you find fault with?
- random5634 6y agoIt assumes the value of Bitcoin is in the mining of new coins. The network also has value as a ledger to record transfers of Bitcoin (billions per day) which contributes to the value of the network The analysis can be generalized to say anything that uses 0.05 electricity creates these large harms. Perhaps true, but it’s not going to be unique to Bitcoin
- effie 6y agoThis. This bad argument about value of cryptocurrencies being mining, lack of perspective and policy proposals in the paper are the most obvious signs of bias.