Damus
Open in Damus
Lyn Alden · 133w
I spoke at a big bitcoin-adjacent company this week and one of the best questions was from someone who asked what the downsides of bitcoin adoption might be. I always do appreciate these steelman que...
 macrominutes profile picture
macrominutes @MacroMinutes
IF you think that humanity/ energy usage is a bad thing. Specifically when it comes to carbon emissions. Then I think a case can be made that bitcoin is negative through that framing.

I disagree with it but I do believe bitcoin will lead to more energy expenditure per capita globally which likely means more C02 released.

I don’t buy that C02 is really an issue but if you’re someone who does then that argument can be a compelling one.
2🤙1
Graymalk · 133w
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 because the energy is generated specifically to run it, whereas you can plop a mining facility in an a...
Janis · 133w
So, I’m one of the people who are convinced that CO2 is a problem. As in, it’s an existential threat to human civilisation. Not the planet, mind you, the planet will be fine. But that doesn’t make me a Bitcoin hater. See, I don’t believe that energy use is the problem, it’s the mode of ge...