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Re:Swedish government agencies say energy-intensive crypto m... by peakaboo on Saturday November 06, 2021 @04:43AM (#29128472)
I feel like you guys are completely inside the matrix here so allow me to explain...

Bitcoin is being fought by banks and governments because it threatens the dollar and the banking system.

The future they want is a global coin, not a decentralized currency.

Re:Swedish government agencies say energy-intensive crypto m... by karamanolev on Saturday November 06, 2021 @04:47AM (#29128497)
How about the people win against the evil banks and governments ... and then proceeds to drown in the rising oceans, burn in increased wildfires, freeze in extremely cold weather (including all the gas and coal power plants used to mine BTC, see recent Texas events).
Re:Swedish government agencies say energy-intensive crypto m... by amjnsx on Saturday November 06, 2021 @05:06AM (#29128624)
We could ban bitcoin and still drown in rising oceans. 100 companies contribute to 70% of Earth’s pollution. Why aren’t we banning them?

https://www.theguardian.com/sustainable-business/2017/jul/10...

Re:Swedish government agencies say energy-intensive crypto m... by karamanolev on Saturday November 06, 2021 @03:32PM (#29133136)
Classic whataboutism. Don't.

The fact that we aren't banning some things that we should (if we have an alternative) doesn't mean we shouldn't ban anything. To be clear, I'm all for banning climate change activities that we have an alternative for. Also for accelerating research into things for which we don't. Bitcoin can be regulated in order to limit the climate change effects, right now it's a huge tulip mania.

Re:Swedish government agencies say energy-intensive crypto m... by meeriee on Saturday November 06, 2021 @05:38AM (#29128796)
> Bitcoin is being fought by banks and governments because it threatens the dollar and the banking system.

What's wrong with the dollar? Just because something is centralized doesn't mean it's bad.

Re:Swedish government agencies say energy-intensive crypto m... by azth on Saturday November 06, 2021 @08:40AM (#29129727)
The government can print money at will. Just look at what's happening recently with inflation. The government does not have the right to devalue people's hard work at a whim.
Re:Swedish government agencies say energy-intensive crypto m... by ur-whale on Saturday November 06, 2021 @05:57AM (#29128903)
> What's wrong with the dollar?

If you were a normal person living in Iran (or any other country to which the US decides to apply arbitrary economic sanctions), you might feel rather different about this.

Re:Swedish government agencies say energy-intensive crypto m... by agilob on Saturday November 06, 2021 @04:48AM (#29128503)
>Bitcoin is being fought

Proof of Work coins are being fought for governments because they committed to goals decided in Paris Agreement and PoW CCs are making it harder to achieve the goals. Swedes discuss banning Bitcoin, but not PoS coins or premined coins that do not have PoS or PoW

Re:Swedish government agencies say energy-intensive crypto m... by azaras on Saturday November 06, 2021 @04:54AM (#29128544)
Then, how is it? Mining bitcoins does not use a lot of electricity.