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by Bitbitcowurgh 866 days ago
You do know that HN people also might be smart and can calculate things like climate change and other aspects into it?

If you don't hate a technology which disrupts an energy market by combining a local people centric market with global interets, ...

I really don't mind people playing around with blockchains, i hate that people who have access to cheap energy sell this advantage to some global weird fuckedup market and disrupting and overloading local power grids, increase demand for coal and other non renweable energy and waste double amount of resources through also requiring AC.

If every bitcoin miner would just run on real 'overpower', would use the process heat to heat houses and stop mining if energy is needed without compensation money, i would not care.

But thats just not the case for bitcoin.

And it doesn't even solve a problem because you never just transfer bitcoins from a to b and b to c without anything offchain and everything offchain can't be protected by the blockchain. So effectivly blockchain is garbage.

And don't tell me about smart contracts, this is not working. No company in the world will leverage the contract amount because 1. you would need the double amount of capital and 2. big rich companies/entities could destroy small entities because they could just frezze assets.