I wish people would gamble with something other than a proof-of-work coin. There are very similar alternatives now. When bitcoin rises, more money is spent on mining. Whoever holds bitcoin is in part responsible for this waste of energy.
Absolutely. 1% of world electricity, with the waste approximately proportional to the Bitcoin price (due to medium term market forces) modulo halvings, of course.
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I wish people would gamble with something other than a proof-of-work coin. There are very similar alternatives now. When bitcoin rises, more money is spent on mining. Whoever holds bitcoin is in part responsible for this waste of energy.
I wish people would rather invest in companies, than parking their money in crypto.
Outside of the US it isn't that easy (to invest in individual shares - because there's not much that's attractive)
With the current US administration I haven't been that keen to be invested in US shares either.
And I attempt to be somewhat ethical in my investments - that really limits my options.
Why is that? If you invest in a company, you steal worker wages.
You're going to have to explain that one.
https://theanarchistlibrary.org/library/pierre-joseph-proudh...
I'm not reading all that.
Absolutely. 1% of world electricity, with the waste approximately proportional to the Bitcoin price (due to medium term market forces) modulo halvings, of course.