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It seems to me the technology is one of the contributors/facilitators in both those cases, rather than the cause. Surely the main scourge in your first paragraph are the fossil fuel power plants? Do you think either of these problems would be resolved or even significantly mitigated if cryptocurrencies were banned?


When already decommissioned fossil power plants get reactivated to mine bitcoin, I think it's safe to say that a ban of cryptocurrencies would have a significant impact.


I’m aware of only one case where a fossil fuel power plant partnered up with crypto miners. But I’m not denying PoW’s environmental impact, just its comparative scope and scale. Do you think we should ban other technologies reliant on dirty energy, such as motor vehicles? The Internet?

Presumably you believe the benefits outweigh the drawbacks in those cases. If that’s the case, crypto (PoW, really) would then chiefly be guilty of not being sufficiently beneficial to justify its contribution to climate change?


Yes. At the bare minimum, "crypto" "currencies" must be forced to move to Proof of Stake and stop dragging the entire world down with its madness.


Sadly that won't solve the problem. If 99% of Bitcoin is locked up in sidechains, the free 1% will become the new Bitcoin, so each Bitcoin will be far more expensive. As long as the price of Bitcoin rises faster than the mining rewards reduce, people will keep mining it.

And if you think that people dump a coin just because all the use cases have moved onto new coins, I present for your comment the "Ethereum Classic".




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