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by jsiepkes 1936 days ago
Gold, bauxite, etc. are all used to produce things with an application such electronics.

Name a single thing we produce with Bitcoin.

3 comments

> Name a single thing we produce with Bitcoin

Internet arguments about Bitcoin?

A worldwide shortage of gaming video cards. I've been thinking about building a new box for a couple of YEARS now, waiting on the prices to come down. I don't have any hope of that for at least another year.
Build a new pc now and get a new graphics card as and when you can? No point holding off on the whole build just because of a single component.
My current "build" is an Athlon64 with a 760. Surprisingly, it plays a lot of games just fine, but there's really no point in putting a 760 in anything like a Ryzen. ;-)
and these applications give people a fuzzy warm feeling that lasts for about a month before it recedes and attention shifts elsewhere.

I have it on good authority that owning bitcoin gives people a very similar kind of feeling and there is nothing wrong with that. humans doing human things.

of course now there's plenty of arbiters of what constitutes proper warm fuzziness, and apparently a new BMW made from aluminium and steel is AAA+, but buying 0.1 of a bitcoin is not.

The environmental cost of the beemer is not linked to its dollar value. As tfa demonstrates, this is not true of the 0.1 bitcoin.
Well, when we think about it, the things with the most value are usually the ones that harm the environment the most. Rare foods... Big petrol cars... Traveling to far-off destinations...

We think of them as having _other benefits_ besides environmental costs, but is this true? Is it better to travel far away to enjoy nature and a magnificent view, or to have the patience to look at things living in your own backyard for example?

Yes?

Unless these things are being used as status symbols, or the person in question is actively attempting to destroy the environment, there must be some other benefit. Indeed, I certainly don't consider environmental cost to be a "benefit".

My "big petrol car" (which isn't really so big; more of a mid-sized coupe, but I digress) gives me the following benefits:

- "Warm fuzzy feeling" (the rumble, the hum, the traditional construction, etc).

- Plenty of power when I want it

- A traditional, relatively simple design that I understand; when something breaks or needs maintenance I can generally fix it. Some electronics, but not riddled with it throughout every system as today's vehicles are.

> Is it better to travel far away to enjoy nature and a magnificent view, or to have the patience to look at things living in your own backyard for example?

Well, not everybody has much of a backyard to speak of; however...

I would say that both are good. I don't get to travel much. Once every couple of years if I'm lucky. I wish I could more often. I probably won't even see most of my own country in my lifetime, let alone the wider world, and that... seems something of a shame. To imply that this feeling is somehow connected to the environmental cost of travel, well... seems a bit off.