Re:Wind energy used to mine cryptocurrency to fund climate r...
by rwallace on Sunday September 17, 2017 @09:36AM
(#15269517)
You're not reading what I've written.
But I was waiting for someone to bring up the broken window fallacy. The answer is that the unspoken assumption on which it is a fallacy is that resources in the economy are otherwise optimally employed. Back when it was coined, that might have been close enough to the truth to be a useful approximation. Today, it's very much not.
I don't think this argument has become particularly constructive, so I'll let you have the last word, but I suggest instead of just pattern-matching what you think I said to something you've heard somewhere else, try stepping back and just looking at the facts as they are.
But I was waiting for someone to bring up the broken window fallacy. The answer is that the unspoken assumption on which it is a fallacy is that resources in the economy are otherwise optimally employed. Back when it was coined, that might have been close enough to the truth to be a useful approximation. Today, it's very much not.
I don't think this argument has become particularly constructive, so I'll let you have the last word, but I suggest instead of just pattern-matching what you think I said to something you've heard somewhere else, try stepping back and just looking at the facts as they are.