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A comment on A faster, more efficient cryptocurrency. Parent comment

Re:A faster, more efficient cryptocurrency by adrianN on Tuesday February 19, 2019 @01:22AM (#19197028)
Perhaps orthecreedence would also support shutting down all kinds of other useless services. I know I would, but since we're commenting on an article about cryptocoins, the discussion about Bitcoin is more relevant than a discussion about luxury cars.
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Re:A faster, more efficient cryptocurrency by BookmarkSaver on Thursday February 21, 2019 @06:21PM (#19221605)
My real point is that there is no such thing as a "useless" service. It is a completely subjective distinction. At what point do cars become "too luxurious"?

Either we have a fully managed economy (which I'm pretty sure the historical consensus is clear on) or it has to be guided by attaching costs to externalities.

All this is doing is just picking on Bitcoin because people don't like it. There is no principled economic or environmental argument here, just a biased rationalization applied inconsistently.

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