Re:Cambridge Bitcoin Electricity Consumption Index
by bingbong70 on Wednesday February 10, 2021 @01:21PM
(#26092873)
The problem with "interventionistas" with little/no understanding of bitcoin is, they look at one feature/component of btc's game theory in isolation and state "I can do this particular thing cheaper/faster/easier" while ignoring the 100 other aligned incentive structures that are lost with their 2nd/3rd-order-effect altering solutions.
Bitcoin is too elegantly designed to approach in this fashion.
Bitcoin is too elegantly designed to approach in this fashion.