Re:Bitcoin Sees Wall Street Warm to Trading Virtual Currency
by hndamien on Wednesday May 09, 2018 @09:53PM
(#17035873)
"citation for "one of the chief motivating factors behind crypto currency adoption has the idea of being able to avoid things like carbon taxes and energy quotas"."
!=
"citations for the idea that the theoretical point of Bitcoin is reducing government control of money and a large practical part of the BTC economy is regulatory evasion?!"
[dead]
I'm going to go out on a limb and say that the steel industry, aluminium industry, chemical industry, textile industry and copper industry have done more for humanity than Bitcoin. Use less electricity though...
YMMV, but I think it is more pragmatic, sensible, likely and beneficial to stop shitting on people's lawns than to evangelise wider adoption of a system for producing more shit, funnelling it more efficiently to lawns less likely to attract the attention of shit regulators, whilst insisting the real problem is that the lack of a global shit tax. (I'd have used a less fecal analogy like hazardous waste and clandestine disposal systems but that's a little too close to stuff I'm actually working on making more difficult in the day job!)