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I also want Bitcoin to die. For me it isn't about the politics of banking, it is about the fact that the whole system is designed in a way so as to waste maximum amounts of energy on doing nothing of real intrinsic value (which he touches on re: carbon footprint).


The same could be said about diamond mining, or production of goods that serve only decorative purposes. Video games do the same thing, wasting vast computing resources on pretty pictures to titillate humans who could be working. Is HN's carbon footprint justifiable? Does it produce intrinsic value?




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