Re:Cryptocurrencies’ Carbon Footprint Underestimated
by ghostwriter on Tuesday October 05, 2021 @06:25PM
(#28766509)
> Society grows through investment. This comes either through capital inflow or consumption
Society grows through production. People invest their time and effort in the first place, not money. Consumption is the final non-efficient cause of production. The efficient cause is savings, which represent unconsumed goods and values. Consumption is the end of production, a dead end, as far as the productive process is concerned.
Society grows through production. People invest their time and effort in the first place, not money. Consumption is the final non-efficient cause of production. The efficient cause is savings, which represent unconsumed goods and values. Consumption is the end of production, a dead end, as far as the productive process is concerned.