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by vkou 2934 days ago
It does make the world a little more free, and I have some sympathy for some of those causes.

It also seems to come at a great price, in terms of pollution and energy waste. Your right to buy heroin, or child pornography, or organically grown cruelty-and-cartel free marijuana is great, but your externalities are horrific.

2 comments

I really don't want to get into a global warming fapping session with you, on a thread that has nothing to do with that, but casually dropping the "horrific" bomb is difficult for me to ignore.

I will just remind you that there is a thing called a carbon cycle. Carbon is absorbed from the atmosphere. Carbon is not a poison, but is instead, a fundamental component of all life on earth. It does not accumulate forever, but instead, is reabsorbed back out of the atmosphere at some often debated rate. Climate scientists know this, but people who drop the "horrific" bomb, generally do not.

Please reserve the word "horrific" for things that actually are. I'm sure you'll find something that is legitimately horrific if you try.

> I will just remind you that there is a thing called a carbon cycle. Carbon is absorbed from the atmosphere. Carbon is not a poison, but is instead, a fundamental component of all life on earth. It does not accumulate forever, but instead, is reabsorbed back out of the atmosphere at some often debated rate. Climate scientists know this, but people who drop the "horrific" bomb, generally do not.

That's not only patronising, it's completely irrelevant when we are currently producing more carbon dioxide than can be absorbed by all of the world's carbon sinks, and so additional carbon dioxide being produced means more carbon dioxide in the atmosphere.

You need to provide a source for that. You will not be able to. The CO2 level was MUCH MUCH higher in the past. As long as plants exist, CO2 will be absorbed, and it's absorbed at a higher rate as it goes up, thus stabilizing the system. Think partial pressures.
> to buy heroin, or child pornography, or organically grown cruelty-and-cartel free marijuana

All of those existed and were traded before bitcoin was created.

> energy waste

I'd really love to see an analysis of the carbon emissions attributable to Bitcoin mining vs emissions which were funded by the extravagant salaries of wealthy-elite workers in the traditional finance/banking system. I fully accept the premise that there is some amount of CO2 emitted for maintaining the Bitcoin network, but wonder what the true cost to the climate is for rent-seeking behavior in the financial industry.

If nothing changed, what's the value of BTC, then?

You can't have it both ways. You can't credit it for enabling good illegal transactions, but disavow yourself from all the bad illegal transactions (because they would have happened anyways!) It's an agnostic protocol, you get the bad with the good.