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donjigweed | 5 years ago

The energy "waste" argument against Bitcoin is really one of the silliest there is. One man's waste is another's treasure.

"Unlike other economic activities, the bitcoin scheme produces absolutely nothing for all this waste."

Does playing video games "produce absolutely nothing?" Some would say so, others would say not, that it produces positive emotions in players. But the entire ecosystem of gaming no doubt "wastes" more energy than bitcoin mining. Who gets to decide, to decree, what constitutes "waste?" That it's ok to engage in certain activities, like gaming, which some people would classify as "waste," but not ok to engage in others.

And the climate change argument as the cherry on top. Time to power down everything then. No more bitcoin mining, no more cars, no more travel, watching movies, it's all "wasteful." Shut it all down.

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