paystaxes

> If you bet on Bitcoin because of a "debased fiat currency", you have likely lost a grievous amount of value in whatever denomination anyone other than you actually cares about.

My Venezuelan friends feel differently.

> you still can't use it to buy a sandwich

https://www.investing.com/news/cryptocurrency-news/walmart-m...

>It remains merely environmentally disastrous

https://www.coindesk.com/business/2021/03/05/the-frustrating...

never change, Hacker News

I don't think you're understanding the point being made. It's not simply that bitcoin consumes energy, but about the economics of renewable energy infrastructure. Building a renewable project large enough to power an entire city during peak hours often does not make economic sense because of the large fluctuations in consumption. But, if you have a bitcoin mine that you can flip on to consume the excess energy during off hours, suddenly the economic viability is completely different.

Preservation of wealth.

If all crypto was mined with renewable energy, would it be a huge environmental issue?

> I can see no way that consuming more energy can result in an improvement to the environment (unless that energy usage was directly related to improving the environment).

Literally the entire point of the comment you are responding to was to outline how bitcoin mining can help support the economic viability of renewable energy projects like wind farms.