His last comment was that Bitcoin will be screwed if the carbon tax gains any ground
Discussion
Can you ask them why they think that “carbon tax” will make btc screwed?
Well, I assume that it's because it's so energy intensive and he believes it is predominantly supplied by fossil fuels. He is of course mostly reading msm and although he is quite open minded he works in a trad corporate position so he's surrounded by sheeple.
I suggest figuring out the real objection. It’s difficult to provide an answer to an unclear question.
An example article.
The issue I have with the typical btc mining energy article is the wrapping mining under the fiat framing “renewable” and “esg” by people with fiat incentives. The double speak could not be clearer, and this tongue twisting serves to confuse folks like your friend further.
The beauty of mining is that is a free market, unrestricted by geography domain. This means hydro in China, coal in Kentucky, flare gas in Siberia, nuclear are all available and viable, should the price be competitive.
Irregardless if e.g. the #eulag proclaims a carbon tax, local miners will do the math on maintaining or starting new operations.
If it does not work out, operators will move their revenue producing operations elsewhere. Operators will choose to start operations where it makes sense.
Amen, the double speak is real and a minefield to try and navigate. How to even begin deconditioning someone, I'm not sure, but people need to be approached with familiar words before you go and bend their world totally out of shape, before taking the pill they must be willing to follow the white rabbit 😉
