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by rothbardrand 3137 days ago
Yes. The people who hate bitcoin -- despite all it does for them-- generally are hating it for political reasons.

They may hate sound money, they may worship at the alter of neo-keynsianism and think inflation is necessary (how else will you pay for bombing brown people?)

But they will use the "its anti-environment" claim because that has gotten traction.

We already have a massive global propaganda campaign spreading leftist views of the environment.

When bitcoin defeats these people, I will be very happy.

4 comments

Bitcoin maximalists are a curious bunch who fail to realize the service Bitcoin offers is functionally identical to other Blockchain coins, and in many cases the newer iterations add improvements and features.. whereas the Bitcoin core team holds the software with ideological constraints prohibiting upgrades to the design, to the detriment of user experience.

Additionally, the majority of Bitcoins were minted prior to 2014 so the incentive is skewed for old users to attempt to psychologically convince new adopters to purchase the "coins" they produced for low capital input by selling for a higher cost.

So, people bring up inefficiencies, scalability issues, problems with energy use, and you claim it's politics, but then immediately start attacking Keynesism, the "left", and elsewhere digging up ghost of Ayn Rand. Do you see the irony?
bitcoin is currently inflationary -- what do you think is paying the miners, but new bitcoins created out of nothing?
It's mostly new BTC but there's also ~1-2 BTC per block of transaction fees now too. Some spikes up to around 4.

https://www.smartbit.com.au/charts/transaction-fees-per-bloc...

I actually dislike it mostly because it seems to be full of people like you. The community seems full of people I just don't want to associate with.