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by hudon 1888 days ago
Well, their opinion could be that Bitcoin is extremely wasteful and damaging to our environment for very little value, and so they do not want to support any organization that supports Bitcoin. A boycott, if you will.

I’m not arguing that position but I’m just saying that if that is the case, then their boycott is more reasonable than say a “stickers” boycott.

5 comments

Mobilecoin is a proof of stake system and there is no Bitcoin involved. Proof of Stake systems are not damaging to the environment like Proof of Work systems (like Bitcoin’s) are or can potentially be.

Yeah there is a big education gap that just gets wider with stigma.

Aren't premined coins much less harmful to the environment? I'm not saying this is an argument for using it, but this is definitely true.
Working so the government can piss away my savings is extremely wasteful to my body and time.
Electric cars have zero emissions, bitcoin has zero emissions ;)

Seriously, most mining farms are using geothermal or water dams generators.

And others are running on stolen electricity in residential areas, sonetimes causing fires.
Electricity is fungible.
They should educate themselves on why bitcoin is useful and why it's not wasteful, rather than ignore it based on false assumptions.

This series of short articles is very good for those who want to learn the fundamentals: https://tomerstrolight.medium.com/why-bitcoin-the-series-660...

The argument in your link boils down to: it will bring the economy down to a deflationary halt, so it's friendly to the environment. Great.
There are 19 articles and the argument doesn't boil to anything. Just one minor argument is that deflationary money system reduces overconsumption. That's not a 'deflationary halt'.