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A comment on Ray Dalio says the government could ban bitcoin. Parent comment

Re:Ray Dalio says the government could ban bitcoin by aboringusername on Monday March 29, 2021 @05:19AM (#26619129)
It's absolutely hilarious to see these arguments made on HN, I don't actually hold much faith in online discourse and clearly the propaganda (by the BBC et al) has _really_ worked.

Yet what about the websites that load over 10MB of JS/other tracking scripts? Globally it probably uses more energy than entire continents! Or at the very least uses 5-10% of battery life that could otherwise be saved.

Let's start by banning > 1MB of tracking related JS/adverts which do far, far, far more damage than Bitcoin.

Sauce: Use a simple web browser on mobile, one with adblock/tracking block and one without, see how fast the device with no adblock reaches 0%, I bet it doesn't take much time at all on the really heavy JS pages.

Lol.

[ Parent | on HN ]
Re:Ray Dalio says the government could ban bitcoin by Luker88 on Monday March 29, 2021 @05:30AM (#26619216)
Projects can switch to proof of stake. no mining, people don't lose money, still decentralized.

I specifically pointed out that it's not about banning bitcoin. Make bitcoin a PoS. You can keep trading, you can keep being decentralized.

bitcoin and PoW are separate. bitcoin *can* be updated.

Why so defensive on PoW?

[ Parent | on HN ]
Re:Ray Dalio says the government could ban bitcoin by tekproxy on Monday March 29, 2021 @10:08AM (#26621790)
Pos hasn't been proven to work yet. Byzantine generals problem was unsolved for years until Bitcoin.
[ Parent | on HN ]
Re:Ray Dalio says the government could ban bitcoin by ben_w on Monday March 29, 2021 @12:46PM (#26624580)
Not so, RSA signed messages were suggested in 1999: http://pmg.csail.mit.edu/papers/osdi99.pdf
[ Parent | on HN ]