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statoshi | 4 years ago

> It's bad for the environment

Not any more so than other forms of energy consumption. If anything, Bitcoin incentivizes the use of clean renewable energy. https://niccarter.info/topics/

> bad for crime

Hard to even parse what that means given how much crime is committed via dollars. https://unchained-capital.com/blog/bitcoin-is-not-for-crimin...

> bad for laymen

Meaningless drivel.

> undemocratic (vote with money)

Bitcoin is both undemocratic AND is not a "vote with money" type of system. Governance is unrelated to who holds it. https://www.lopp.net/bitcoin-information/governance.html

> no knobs to adjust monetary/fiscal policy

That's a feature.

> it poses as an alternative to government institutions that serve society with things like roads and health care.

Also a feature. https://www.coincenter.org/a-human-rights-activists-response...

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Nursie|4 years ago

> If anything, Bitcoin incentivizes the use of clean renewable energy.

By that measure anything that has a huge energy demand incentivises the use of clean energy. In a world where we're really trying to restrict energy use because we haven't yet got the green capacity we need, that's not a good argument.