One of the things I don’t like about the energy argument is that it ignores how much energy the present system uses. That just gets brushed off. And arguably, the present system is less efficient be...
That’s why I don’t make that argument in my hypothetical case against it.
I’m saying that after those inefficiencies are cleaned up by bitcoin, energy expenditure per capita will begin to follow the Henry Adams curve again.
I’m saying that after those inefficiencies are cleaned up by bitcoin, energy expenditure per capita will begin to follow the Henry Adams curve again.
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