Re:CPB director: The Netherlands must ban Bitcoin and other ...
by Bishizel on Friday June 11, 2021 @10:20AM
(#27473711)
It came to fruition because it’s creating vast new wealth in a fashion that is directly competitive to old wealth. It’s also easy because climate change is a real, pressing existential crisis. Take this with the caveat that most people won’t think past the headline, so lots of people don’t get to the obvious conclusion of “the way we generate power is the root problem”
Lowering to zero doesn’t solve the problem, but it would help give us a longer runway.
Re:CPB director: The Netherlands must ban Bitcoin and other ...
by henearkr on Friday June 11, 2021 @06:02AM
(#27471279)
Whether we develop new clean energies without reducing our energy consumption, or we reduce our consumption while doing the development, can make the difference between catastrophic failure and hope.
This is why I think it is important.
Anything else is a minor dampener to an exponential process.
Getting rid of Bitcoin is absolutely nothing compared to our exponentially increasing energy needs.
Lowering greenhouse emissions to 0 today would still result in dire consequences when the temperature increase comes, just from the massive n-th order effects.
I have no idea how the opinion of Bitcoin being so detrimental to climate came to fruition and how it's considered plausible at all.