Do you know that internet is down due to civil unrest and many people are reported dead? While I understand your excitement towards Bitcoin's problems, please read up on context why it is happening.
And Kazahk authorities are far from democratic, they block internet in whole country to stop the protests, they did strange things with internet access last year also.
And they invited Russian troops to stop the unrest.
And their (or the invited) military shoots to kill its own citizens.
> Soaring prices of fuel and gas, not electricity.
Nat gas accounts for about 20% of Kazahktan's electricity generation mix.
> And Kazahk authorities are far from democratic, they block internet in whole country to stop the protests, they did strange things with internet access last year also. And they invited Russian troops to stop the unrest. And their (or the invited) military shoots to kill its own citizens.
This is all true, but also a bit beside the point given the above exchange.
But, whatever. Suppose I concede this point that coal consumption doesn't really have much of anything at all to do Kazahktan's current unrest. Doesn't that make nalrey's comment here totally moot?
> Riots are over LPG prices... not the same as the natgas used for power generation
...think very carefully and very slowly about the following question: so what?
(The answer to that question will betray a wild misunderstanding of the political economy of Kazakhstan.)
> Not every energy crisis in the wolrd is caused by Bitcoin
Hm. I don't remember saying otherwise. I must have stuttered?
> which literally uses less energy than gamers or heated pools.
Globally. In Kazakhstan it consumes 8% of production, which is insane. 8% is a fucking huge number in a country experiencing an energy crisis.
Hell, it's a huge number period. By percentage comparison, that's all refrigeration and freezing in the US. Can you imagine? Insane.
Anyways, this is all beside the point. I'll avoid stuttering this time and repeat myself clearly and slowly this time:
>> But, whatever. Suppose I concede this point that coal consumption doesn't really have much of anything at all to do Kazahktan's current unrest. Doesn't that make nalrey's comment here totally moot?