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by 0thgen 1580 days ago
So when bitcoin hits it's schedule max limit and can't be mined anymore, is the point moot?

I guess the question is: how much of a total energy bill will it have racked up before we get to that point, and should we consider the likely improvements to computing efficiency when we start speculating about the long term impact

"converting a scarce shared resource (electrical energy) into perceived personal profits" (1) is this entirely new?, and (2) it doesn't just exist for increasing profits, it provides a service: a digital cash infrastructure