Bitcoin... Destroying the planet

[grarpamp]

All: Quit fucking top posting and bulk quoting reams of useless shit.

MB:
> Correct me if i am wrong but won't energy for bitcoin mining drop soon
> as we get to the end of the blockchain ?

"The blockchain" has no specified "end". For BTC, you are meaning
after all 21M coins worth of block rewards get mined. No, because
the txfee will live on even after that. It turns out that "energy", let's
call it "watts", may be unlikely to drop unless...

1) Transactors as a whole wake up and force it down by continually
paying the bottom of the fee range. The network would be no less
"secure' in all other regards, however below a certain point you do
make it cheaper for govts / banks / adversaries to drop a 51% suprise
wattage attack on your ass. As with calculating fee paydown, you can
probably estimate how much those entities could fire up before facing
a tax / crypto revolt. The more people you get into cryptocurrency
sooner, the harder for those entities to do anything.

2) There's likely to be a fundamental drop when cryptocurrency has
soaked up all the fiat, gold, assets, etc that it can, thus no longer
providing price multipliers, only boring mining dividends, and other
non-mining investments end up attractive as returning more to
investors.

Cryptocurrency has far more variables / paths / outcomes than
even the above, which is what makes it beautiful.