8 ms·

better for whom?

• deleted 4y ago
  [deleted]
• zen21 4y ago
  Presumably the world in general. Just like the sooner cigarettes are gone the better.
  • acchow 4y ago
    Or coal power plants or something, since crypto energy consumption is massive
    • imglorp 4y ago
      Miners are literally buying fossil fuel generation plants to make enough power to mine. It's a direct link to global harm.
      • wizeman 4y ago
        If that's the case, we should definitely ban fossil fuel generation plants. Or at least, tax them heavily. Since they're the ones actually doing the "global harm".
        • zen21 4y ago
          Not necessarily. The energy generated may be used for purposes such as heating people’s homes, or industrial processes essential for creating medicine, operating schools and hospitals etc. Of course we need to move away from these energy sources, but there are reasons we don’t just ban them overnight. You can see how this is very different from using the energy simply to operate an online gambling operation or to perpetrate large scale securities fraud.
          • wizeman 4y ago
            > Not necessarily. The energy generated may be used for purposes such as heating people’s homes, or industrial processes essential for creating medicine, operating schools and hospitals etc. ... or securing a global, permissionless, decentralized, cryptography-based monetary system which cannot be debased or otherwise corrupted by the government-de-jour, including those who oppress their people. > You can see how this is very different from using the energy simply to operate an online gambling operation or to perpetrate large scale securities fraud. Indeed, I can see that. Fortunately, miners aren't in either of those businesses. But since we're deciding who gets or doesn't get to use energy, let's also ban casinos, online gambling (like you said), heck.. anything that might waste energy or use it for things that we don't like (even though other people might like it or even need it). Instead of, you know, letting the market decide who can or cannot use energy based on what provides the most value for their use of it.
            • zen21 4y ago
              > cannot be debased or otherwise corrupted by the government-de-jour It doesn’t seem to need the government to corrupt it.