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A comment on Why All Cryptocurrency Should Die in a Fire. Parent comment

Re:Why All Cryptocurrency Should Die in a Fire by giaour on Saturday May 14, 2022 @10:48AM (#31378479)
> the vast security forces and militaries there to secure it (military being the largest polluter)

I've seen several comments in this thread comparing BTC's energy consumption to that of the world's militaries; is this a new crypto meme?

I hate to be the one to break this to you, but we would still need police and the military even if the world only used cryptocurrency. The irreversibility of crypto transactions increases the ROI of crime, so I think we would need more police and larger militaries in that world. Also, non-financial crime and interstate conflict exists.

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Re:Why All Cryptocurrency Should Die in a Fire by 6510 on Saturday May 14, 2022 @10:58AM (#31378579)
We can do a proof of crime and a proof of war blockchain and make law enforcement and conflict into tradable assets.
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Re:Why All Cryptocurrency Should Die in a Fire by giaour on Saturday May 14, 2022 @11:09AM (#31378688)
Wouldn't that incentivize people to create crimes that they could then stop to collect their PoliceCoin? Or to stoke short-lived interstate conflict to mine some more WarCoin?

But that'll just mean more and more opportunity for PoliceCoin and WarCoin, so maybe it's actually sound monetary policy.

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