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by arcticbull 1298 days ago
> But prior to bitcoin, that perfect solution was not really implemented. In this sense, bitcoin mining of flare gas is a step forward.

Prior to bitcoin they flared it - or didn't. Now there's an economic incentive not to find another solution. Now the oil and gas companies are incentivized to prevent that better solution because there's something in it for them not to. So we make it harder to solve 100% of the problem because this gets us 5% of the way there and pays us not to.

1 comments

Cool, so you moved the goal posts from saying "there is no such thing as stranded energy", to saying "yes, bitcoin is reducing the environmental impact of flare gas burning, but we should be doing something else instead (no concrete ideas) that can solve this problem even better". I have explained to you how bitcoin can have a net positive impact on the environment, given existing practices. You now say that since this is not a perfect solution, we should go back to harming the environment more, presumably since you have already made up your mind that bitcoin is evil?