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awrence | 4 years ago

Easy there big fellow. The petrodollar is certainly and undenyably a huge problem in and of itself, as you well know. Its horrible environmental impact is a huge problem, as are its effects on the mental health of the people who go online and shill it and rationalize it while ignoring and denying and marginalizing its environmental impact.

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pjc50|4 years ago

> The petrodollar is certainly and undenyably a huge problem in and of itself, as you well know. Its horrible environmental impact is a huge problem

This isn't wrong, but this is also not an argument for bitcoin, it's an argument for Keynes' "bancor".

awrence|4 years ago

I agree it's not an argument for bitcoin. Whether bitcoin is a net positive environmentally or not is a different debate. I was just emphasizing how people point fingers at Proof of Work without considering the immense negative environmental externalities generated by the current fiat system.