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daggerhashimoto | 8 years ago

So, this is the next attack vector? Bitcoin is not green?

The energy put into Proof-of-work is what makes the system immutable. People who complain about bitcoin's energy use, don't seem to grasp what makes the bitcoin Blockchain immutable. In order to change the Database, you have to go back and do the "work" which becomes practically impossible after approx. 10 blocks. You take that away and you'll make the system Tamper evident, and not Tamper Proof as it is right now. It's the only secure data base ever invented, and thats because of the energy used to secure it.

I don't see these people complaining how much energy Las Vegas wastes. Or Hollywood. What about professional sports? How much energy does going to war cost? All of these are less important than the only sovereign moneys system in the history of man-kind. So, please, stop complaining about the energy use, i left my violin at home.

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jvanderbot|8 years ago

Once you tie the benefits of bitcoin to something as tangible as the "benefits" of a weekend in Vegas, people will back off the application as the problem.

If grid energy is renewable, bitcoin is not a problem, and actually helps push increasing energy infrastructure. In the ideal world...

rothbardrand|8 years ago

This is the attack vector that works on people who will never read Atlas Shrugged because they read a hit piece in Salon about Ayn Rand. This will keep them out of bitcoin, which I find kinda hilarious.