Bitcoin... Destroying the planet

g2s g2s at riseup.net
Thu Dec 7 16:32:25 PST 2017


Department of Irony
Libertarians hate fiat money but love the idea of a currency whose value is linked to consuming as much energy as a European nation state
https://twitter.com/IronyDept/status/938928573368299521
Rr
-------- Original message --------From: g2s <g2s at riseup.net> Date: 12/7/17  4:19 PM  (GMT-08:00) To: Edward Low <edwardlow at riseup.net>, cypherpunks at lists.cpunks.org Subject: Re: Bitcoin... Destroying the planet 
I dont see where this is a rumor.
Rr
-------- Original message --------From: Edward Low <edwardlow at riseup.net> Date: 12/7/17  4:16 PM  (GMT-08:00) To: cypherpunks at lists.cpunks.org Subject: Re: Bitcoin... Destroying the planet 

    This Denmark-energy rumour comes from this article, if i'm not
      wrong:
    https://motherboard.vice.com/en_us/article/aek3za/bitcoin-could-consume-as-much-electricity-as-denmark-by-2020
    P.D: Leave out
      fights-promotion-BTC-core-segwit-cash-gold-unlimited-bla-bla-bla
      from the list please...
    

    El 08/12/17 a las 01:12, Steven Schear
      escribió:

    
    
      The Bitcoin Core mining can remain profitable
        using up to at least 24 TWh annually. That said, as the periodic
        halvings reduce awards the fees, which are already to high to
        make it useful for commerce, may soon make it problematic for
        investment.
        

        
        Bitcoin Cash is up to 8 times more energy
          efficient and Bitcoin Unlimited blockchains could be >>
          efficient yet.
      
      

        On Dec 7, 2017 12:05 PM, "g2s" <g2s at riseup.net>
          wrote:

          
            Bitcoin. A gambling game only a
                capitalist scumbag would play. Tim May was wrong. Btc
                IS NOT the future. It's a dead end leading to a dead
                planet.
              

                  The bitcoin computer network currently uses as much
                  electricity as Denmark. In 18 months, it will use as
                  much as the entire United States.
              

                
              https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/amp/
              

                
              Rr
            
          
        
        

      
    
    

  
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