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by headsupernova 1434 days ago
This bs is debunked in every crypto thread... We're facing climate collapse and need to immediately ramp down nonessential energy use. Crypto mining facilities simply do not make the cut. That said, the mainstream financial system requires a haircut too, no doubt, but at least it provides some basic use to normal people.
1 comments

We have a free market to make decisions about what uses of energy are worthwhile and government decisions about how to allocate energy are likely to lead to cronyism if not outright disaster. If you want to reduce the use of energy in order to reduce carbon emissions, the market oriented solution is a carbon tax or a cap and trade system.