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no, it's just that there is a subset of environmentalists that are totally unhinged and think they know better than everyone what should and shouldn't get an energy allotment. Rather than calmly advocating for raising the carbon tax until the externalities present in carbon emission are priced (and seeing what uses are actually cut in the face of proper pricing), they take to any social media they can to complain about a specific use of energy they don't like. I am just happy it has been kept to Karen level virtue signalling online and hasn't yet converted to [insert favorite authoritarian from history here] levels of repression on the populace because the thing that has made the last few hundred years of massive progress work is recognizing we are too dumb to make those decisions and letting individuals pursue their own ideas and spectacularly succeed (but mostly fail).


Goodness, child. What I suggested was that people shouldn't voluntarily support a stupid and wasteful project like Bitcoin (especially when, again, there are alternatives that are superior in every way including carbon).

YOU are the only one talking about coercion. Perhaps that says something about your mindset.

But OK. It turns out I'm not opposed to what you suggest. By all means, let's go ahead and raise carbon taxes high enough to drive emissions down low enough that we all parboil at least a bit later in the game. That should happen regardless of Bitcoin. We can start by raising them above their current median worldwide level of (checks notes) zero. This will, of course, involve overcoming the political obstacles that have kept them from catching on, but sure, great.

I haven't run any numbers, but I'm guessing that any meaningfully effective carbon tax is going to be higher than the Bitcoin block rewards you could get from the electricity the carbon represents... and that such a tax would drive the price of electricity in general up enough that Bitcoin fees would put even Lighting out of reach of most users.

In a sane, functioning market, that would kill Bitcoin, since there are cheaper and more effective alternatives. But I imagine it'd still stick around the way it always has, as a speculative vehicle for would-be rent seekers. Seems like there's no greatest fool out there in the Bitcoin market.


> Goodness, child.

> Perhaps that says something about your mindset.

This is extremely inappropriate for HN and clearly against the guidelines. Please don't do it.




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