News for hackers. Stuff that matters.
Re:Ethereum will use around 99.95% less energy post merge by Nursie on Wednesday May 19, 2021 @05:04AM (#27206163)
> Nobody was claiming that implementations of bad ideas don't exist.

Actually it sounded a lot like you were saying that the only way to do this was pricing.

Either way, you'd have to go a long way to convince me that the free market ideology principles are always better than what we can see working in a number of wealthy, successful countries already.

A carbon tax and dividend is certainly one way that such things could be achieved, though it's not the only way and it is a blunt instrument. It's not the only way or necessarily the best, and it doesn't allow a society to make choices with much granularity.

Your argument is basically that it is wrong to do so - I think that's a pseudo-religious belief.

Re:Ethereum will use around 99.95% less energy post merge by chii on Wednesday May 19, 2021 @05:41AM (#27206374)
> it doesn't allow a society to make choices with much granularity.

i argue that pricing carbon is the only way to allow everyone in society to make their own choice with the granularity that you propose.

After all, when has central planning ever taken everyone into account properly? How will i know that policy makers will take my interests into account when they plan policies?

And in this specific case, what about the people who _do_ want to mine crypto? Why do they get the bad end of the stick, just because some authority says so?