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by dpweb
1892 days ago
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Since the cryptos electricity usage, at least that part which is generated by fossils, is a real problem (it is) - it would be nice to see this problem addressed with blockchain technologies. Carbon offset tokens, or some token that will increase in value when cryptos global electricity usage goes up, and offsets with renewable projects. If it were funded by governments in billions of dollars it would make an impact, and everyone could participate in funding the token. The problem must be addressed in altering the fossil/non-fossil energy mix. You are not going to control the financial incentive to mine, or kindly ask ppl to use less electricity please. Carbon taxes have been proposed but you would have to get that done globally, they are certainly working on that from a political perspective but you never know there are always resistance to a new tax. |
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