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> There is harm in using to much energy, when we are on the brink of climate crisis.

You don't fight this on the demand side. You fight it on the supply side.

> There is harm when people get swindled out of money.

Take responsibility for your life. The government is not your friend.

> There is harm with criminal organizations have ways to get huge amounts of capital.

This is happening in the current economic system, and would be easier to fight if all transactions were on transparent ledgers.



> You don't fight this on the demand side. You fight it on the supply side.

I've actually wondered, greenhouse gasses aside, if the sheer amount of direct and incidental heat generation in a modern civilization, doesn't contribute to global warming. Even on 100% carbon-free electricity, when you run a 500-watt mining unit, it's still kicking out 499.99 watts worth of heat into the air.

> Take responsibility for your life. The government is not your friend.

What is the purpose of government if not to enforce laws and social standards like "don't swindle people"


> Even on 100% carbon-free electricity, when you run a 500-watt mining unit, it's still kicking out 499.99 watts worth of heat into the air.

To use a simplistic thought experiment, imagine that all the world's electricity production today came from photovoltaic solar. Would the world be hotter or cooler due to the electricity production?

Obviously the electricity usage doesn't cause more solar energy to reach the Earth from the Sun (unless we start using energy-beaming satellites), and any processes on Earth can't turn a Joule of solar energy into more than a Joule of heat, so the heat balance stays the same.

Except, of course, that by not burning fossil fuels (which are stored reserves of solar energy), we would actually reduce the amount of heat released on Earth, causing a slight cooling effect.


As the article suggests, as long as people can make money by literally just burning through energy, it doesn't matter what the supply scales to, the demand will scale with it.




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