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A comment on Another successful DAO attack recursive split. Parent comment

Re:Another successful DAO attack recursive split by TazeTSchnitzel on Sunday June 19, 2016 @05:21PM (#11934730)
Yes, Bitcoin is based on destroying the planet through causing climate change, a novel source of political power.
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Re:Another successful DAO attack recursive split by Fej on Sunday June 19, 2016 @07:59PM (#11935366)
I've been trying to tell people this for a while now. Bitcoin has to be the most wasteful software project ever made; I'm sure it has indirectly pumped millions of tons of CO2 into the atmosphere at this point. And for what? The blockchain is a neat academic piece for which we have yet to find a good use. Bitcoin is not usable as a currency (except for illicit trade) and it never will be. The only thing Bitcoin has ever been good for is as a pump & dump scheme, and the "dump" part already happened anyway.

If we're going to blow so much computer power on raw calculations, we could use it for Folding@home, SETI@home, or any number of other great causes. But this is just a waste.

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Re:Another successful DAO attack recursive split by emiliobumachar on Monday June 20, 2016 @06:40AM (#11937183)
Without having crunched the numbers, I assume bitcoin mining is less harmful than gold and silver mining.

So, beware of status quo bias.

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