statoshi
Joined 11 years ago
Joined 11 years ago
Not any more so than other forms of energy consumption. If anything, Bitcoin incentivizes the use of clean renewable energy. https://niccarter.info/topics/
> bad for crime
Hard to even parse what that means given how much crime is committed via dollars. https://unchained-capital.com/blog/bitcoin-is-not-for-crimin...
> bad for laymen
Meaningless drivel.
> undemocratic (vote with money)
Bitcoin is both undemocratic AND is not a "vote with money" type of system. Governance is unrelated to who holds it. https://www.lopp.net/bitcoin-information/governance.html
> no knobs to adjust monetary/fiscal policy
That's a feature.
> it poses as an alternative to government institutions that serve society with things like roads and health care.
Also a feature. https://www.coincenter.org/a-human-rights-activists-response...
It's a question of how difficult you make to steal and thus how much riskier you make it for someone to attempt an attack.
Unfortunately, while still rare, there are physical attacks perpetrated against bitcoin owners. I've been tracking them for several years. https://github.com/jlopp/physical-bitcoin-attacks
I'll note that we have seen several folks report being victims of similar attacks since we published this article.
https://twitter.com/Disruptepreneur/status/14131498654759075...
Verifying my Blockstack ID is secured with the address 162rUyjL1NiwHhWuta4KPExTamFZaSmMsD
[ my public key: https://keybase.io/lopp; my proof: https://keybase.io/lopp/sigs/XBHbXDPw3Sz_g1P05QNl4SwpVAgDrj69CY-nSdcV0oc ]