[pjc50]

> The petrodollar is certainly and undenyably a huge problem in and of itself, as you well know. Its horrible environmental impact is a huge problem

This isn't wrong, but this is also not an argument for bitcoin, it's an argument for Keynes' "bancor".

[awrence]

I agree it's not an argument for bitcoin. Whether bitcoin is a net positive environmentally or not is a different debate. I was just emphasizing how people point fingers at Proof of Work without considering the immense negative environmental externalities generated by the current fiat system.