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A comment on Bitcoin emissions alone could push global warming above 2°C: study from 2018. Parent comment

Re:Bitcoin emissions alone could push global warming above 2... by madacol on Thursday January 21, 2021 @07:02PM (#25866458)
What guarantees to you that governments add money based on economic analysis?, but most important, what makes you think that decisions made are aligned with your values?

Venezuela is the living proof of a government that makes decisions with the only objective of keeping power, WHATEVER IT TAKES, even if it means to the reduce quality of live to a 10% in less than a decade.

So bitcoin, and many cryptocurrencies, are at least neutral in monetary emission. Yes, it's not based on economic analysis, therefore is sub-optimal, but equally predictable by every actor, full transparent, no possibility of inside information or conflicts of interest.

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Re:Bitcoin emissions alone could push global warming above 2... by flamble on Wednesday January 27, 2021 @12:01AM (#25924496)
Venezuela is an excellent example of a government unable to issue money arbitrarily, because they pegged their currency to the US dollar and accumulated debt in a currency over which they had no control.
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Re:Bitcoin emissions alone could push global warming above 2... by madacol on Thursday February 04, 2021 @01:27PM (#26028272)
AFAIK Venezuela has never pegged the bolivar to the US dollar. But the government did issue bonds in US dollars, I suppose those are the debts that you are talking about
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