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GeneralRe: More Weasel Words. Pin
5teveH12-May-21 22:14
5teveH12-May-21 22:14 
GeneralRe: More Weasel Words. Pin
Slacker00713-May-21 0:35
professionalSlacker00713-May-21 0:35 
GeneralRe: More Weasel Words. Pin
W Balboos, GHB13-May-21 1:20
W Balboos, GHB13-May-21 1:20 
GeneralRe: More Weasel Words. Pin
Slacker00713-May-21 1:28
professionalSlacker00713-May-21 1:28 
GeneralRe: More Weasel Words. Pin
W Balboos, GHB13-May-21 2:42
W Balboos, GHB13-May-21 2:42 
GeneralRe: More Weasel Words. Pin
milo-xml14-May-21 2:54
professionalmilo-xml14-May-21 2:54 
GeneralRe: More Weasel Words. Pin
Member 1292431213-May-21 3:03
Member 1292431213-May-21 3:03 
GeneralRe: More Weasel Words. Pin
W Balboos, GHB13-May-21 3:35
W Balboos, GHB13-May-21 3:35 
Member 12924312 wrote:
The product of bitcoin mining is a completed transaction, at the lowest cost.
No - it's to convert vast quantities of energy into something with speculative value and no intrinsic value.

However, you do, at least, see that bigger picture is out there - nothing happens without sources and sinks for materials and energy. Most just look at the shiny promises.

However, for your disdain based upon the IEA's comments, consider that no matter what and where we go we will need to build further infrastructure. In this case, I expand infrastructure to it's true magnitude, to wit, that in include not only the means transportation of materials and energy but the manufacturing that is required to support the infrastructure . . . which itself puts additional demands upon it. We more-or-less agree on this portion.

Where we probably diverge is that presuming you don't greatly change the manner in which our planetary culture is evolving, we'll still need more power, more minerals, more mining to get them, and so forth. It all comes down to a matter of planning long-term or short-term for the full impact. By "full", I mean globally and environmentally as well as economically.

Bitcoin is just another massive gambling forum - worse, if that can be imagined - than the current state of the world's stock markets.


Ravings en masse^
"The difference between genius and stupidity is that genius has its limits." - Albert Einstein
"If you are searching for perfection in others, then you seek disappointment. If you seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010

GeneralRe: More Weasel Words. Pin
Member 1292431214-May-21 3:53
Member 1292431214-May-21 3:53 
GeneralRe: More Weasel Words. Pin
W Balboos, GHB14-May-21 5:09
W Balboos, GHB14-May-21 5:09 
GeneralRe: More Weasel Words. Pin
pmauriks17-May-21 18:54
pmauriks17-May-21 18:54 
GeneralRe: More Weasel Words. Pin
W Balboos, GHB18-May-21 1:07
W Balboos, GHB18-May-21 1:07 
GeneralRe: More Weasel Words. Pin
Member 1292431220-May-21 2:24
Member 1292431220-May-21 2:24 
GeneralRe: More Weasel Words. Pin
dandy7213-May-21 5:12
dandy7213-May-21 5:12 
GeneralRe: More Weasel Words. Pin
W Balboos, GHB13-May-21 5:52
W Balboos, GHB13-May-21 5:52 
GeneralRe: More Weasel Words. Pin
Shmoken9914-May-21 9:18
Shmoken9914-May-21 9:18 
GeneralRe: More Weasel Words. Pin
Jörgen Andersson13-May-21 1:34
professionalJörgen Andersson13-May-21 1:34 
GeneralRe: More Weasel Words. Pin
5teveH13-May-21 1:38
5teveH13-May-21 1:38 
GeneralRe: More Weasel Words. Pin
Wastedtalent13-May-21 3:15
professionalWastedtalent13-May-21 3:15 
GeneralRe: More Weasel Words. Pin
obermd13-May-21 4:29
obermd13-May-21 4:29 
GeneralRe: More Weasel Words. Pin
enhzflep13-May-21 11:17
enhzflep13-May-21 11:17 
GeneralRe: More Weasel Words. Pin
SeanChupas13-May-21 1:45
SeanChupas13-May-21 1:45 
GeneralRe: More Weasel Words. Pin
rnbergren13-May-21 10:18
rnbergren13-May-21 10:18 
GeneralRe: More Weasel Words. Pin
Wizard of Sleeves13-May-21 20:51
Wizard of Sleeves13-May-21 20:51 
GeneralRe: More Weasel Words. Pin
User 49097414-May-21 0:41
User 49097414-May-21 0:41 

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