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A comment on Ask HN: Am I going insane or is there genuinely no value in blockchain tech?. Parent comment
This has been repeated often.
I usually think everytime I read this: what if the price of electric power included the price of destroying the planet?
For me this looks like a market failure that proof of work is allowed to destroy the planet.
You consume a lot of electric power? Then you pay the full price of it!
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This has been repeated often.
I usually think everytime I read this: what if the price of electric power included the price of destroying the planet?
For me this looks like a market failure that proof of work is allowed to destroy the planet.
You consume a lot of electric power? Then you pay the full price of it!