You know we have a limited amount of green energy production right now, right? It's not exactly green if your bitcoin mining is using wind energy, while a bunch of other stuff is stuck with coal.
We also know that this theory is really, really stupid: The kind of self-justifying idiocy that people don't come up with unless they're already deeply committed to a point of view come what may, logic and fact need not apply.
I was going to add a disclaimer to my post along the lines of "not saying I believe or disbelieve this theory", but I was tired of adding disclaimers to all my posts.
> Are you really going to claim that there isn't a demand for green energy already?
Is a disingenuous argument. Of course there is already demand for green energy. Meanwhile, Bitcoin increases the demand so much that people are apparently outraged by the increase.
> Of course there is already demand for green energy. Meanwhile, Bitcoin increases the demand so much that people are apparently outraged by the increase
Assuming that you think you're serious: Increasing the demand for energy (and it's not "demand for green energy" it's demand for energy, period) is not, has not been and never will be a green strategy in itself.
This is easy to understand, unless you choose not to.
Supply follows demand is basic economics. Buy up green energy and the suppliers will use your money to build more supply in order to expand their operations to fit the larger market.