Bitcoin is very useful.

Not to be too glib but I’m sure that these places would rather just have USD if that were an option

I agree, but you can't mine USD, it's actually printed out of thin air.

You can do electrolysis. But then you need to store the fuel etc.

That competes with using mined bitcoins to trade for fuel.

I don’t contest that if the point is money the bitcoins are… probably better? The risks involved with bitcoin custody being their own can of worms. But at least fuel serves a purpose (especially in remote areas!)

If you sell the bitcoin right away, the risks of custody aren't too bad.

You can probably also just join an existing mining pool, and negotiate that they pay you in real money straight away.

> But at least fuel serves a purpose (especially in remote areas!)

Money can be exchanged for goods and services that can serve almost any purpose.

And resources are not endless and instead of reducing CO2, we try random hashes

Great...

That's a valid concern on a global level perhaps.

For local decisions, they should check what gives them the most resources. And that might be 'trying random hashes to trade for goods and services'.

Yes and that's the problem.

Bitcoin can incentive a local market in a global scope.

Bitcoin is a horrendously horrible virus.

Quite crazy to think about that this virus might be invented all over again somewhere Ina distant Galaxy far far away.

Bitcoin custody is a solved problem and is not any harder than securing Gold.