Ethereum will use around 99.95% less energy post merge

Re:Ethereum will use around 99.95% less energy post merge by nickpp on Tuesday May 18, 2021 @12:15PM (#27196806)

Because banning outright is stupid, and banning a technology is even stupider. Technologies have both benefits and drawbacks. TAX (not ban) the drawbacks.

In this case, tax carbon. Then people will decide what they want to spend their (expensive) energy on.

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Re:Ethereum will use around 99.95% less energy post merge by patrickthebold on Tuesday May 18, 2021 @12:22PM (#27196958)

I'm actually hopeful that crypto will bring about a carbon tax. I figure the people getting rich in crypto are a different set of people than those getting rich in traditional CO2 emitting industries. So there's a slightly better chance that politicians will enact the necessary legislation.

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Re:Ethereum will use around 99.95% less energy post merge by soco on Tuesday May 18, 2021 @12:26PM (#27197047)

Unless they do that outside your jurisdiction and/or get tax cuts from the powers to be.

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Re:Ethereum will use around 99.95% less energy post merge by belltaco on Tuesday May 18, 2021 @12:53PM (#27197517)

Carbon tax will increase the prices of essentials for the poor and middle class.

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Re:Ethereum will use around 99.95% less energy post merge by hllooo on Tuesday May 18, 2021 @01:23PM (#27197978)

Redistribute the proceeds as a tax credit then

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Re:Ethereum will use around 99.95% less energy post merge by fsflover on Tuesday May 18, 2021 @01:08PM (#27197745)

Basic income?

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