Global Feed Post Login
Replying to Avatar techfeudalist

Thinking it’s strange that we’re increasingly moralizing what people do with the electricity they lawfully buy. Use power for run your computer to mine bitcoin? Bad! Use your computer to listen to Taylor Swift or watch Netflix? Good? Use a clothes dryer for your convenience? Christmas lights?

It’s obvious that this moralizing is not about power usage but just an attack on the purpose of bitcoin which is to give everyone property rights outside the control of the existing powerful gatekeepers.

Civilizations use energy, and the more advanced civilizations use more energy… and that’s a good thing. It lifts people from poverty, improves health, and results in a cleaner environment (as anyone who has visited a 3rd world country can attest). You can’t be anti-energy and be pro-humanity.

The bottom line is that people can do whatever they want with the energy they buy. The world needs more energy, not less. It seems the solution is more nuclear energy and I look forward to the day when those pearl-clutching officials get out of the way and untie the hands of those who want to build energy security.

Avatar
MVVAS.Memes 2y ago

I think we have to find out how free energy is available (how much cost the patents?). When the last bitcoin is mined (2050?) we have a ~10,000 fold higher amount of energy (assuming that the energy to mine a bitcoin doubles every two years).

Reply to this note

Please Login to reply.

Discussion

No replies yet.