Topic: Bitcoin and CO2 emissions (Should we care?) - page 2. (Read 284 times)

Are you sure about that, yeah it has a lot of hotels and casinos and a lot of lights but still the town itself is small and there are just 3 million tourists a month, and around 2 million population in the entire metro area, NY has itself 8 million and gets twice as many tourists?


That's the usual way a normal person would deal with it.
But seems like the prospect of bitcoin losing value because of this has turned a lot of users into a mob that brings out only stupid comparisons, just for the sake of doing so, culminating in some saying that bitcoin mining is good because it consumes excess energy! No shit sherlock!
And dare you to try to bring logic to this mob, you'll be lynched. The same stupid propaganda, the banks that serve 3 billion customers a day and make 1 million more transactions in the same time are burning more energy! Yeah, so? A Walmart hyper store burns more energy than a 7 eleven, does that mean anything?

Rather than focusing on trying to make all the coal green the focus should be on exactly the same utility that bitcoin provides.

Does somebody care how much energy is used by people playing games? Nobody gave a fuck and nobody cares what that energy comes from, it's an economic process, people pay for what they want. Does anyone think their favorite eco salad is planted with electric solar-powered tractors and is transported with the same type of vehicles to the chain stores? No, and again people don't give a damn!

Yes, bitcoin does consume a lot of energy compared to the number of transactions it can process currently, but at the same time, it can do something that no bank is able to do, allow you to be your own bank, and safe from people that would be able to take over it by just printing money, I see TangentC is here so I assume he is right on track with his PoS propaganda.

CO2 producing by the governments fiat money to print and transfer the money is much more than the CO2 producing by bitcoin and bitcoin miners. Specially, if the miners start to use the green power sources such has sun solar system. Bitcoin can help the nature by decreasing the usage of fossil fuels. According to many reseachs even right now when the miners are using fossil fuels instead of sun solar systems, the fossil fuels that produce the CO2 are using much less than the fossil fuels used for the traditional fiat money payment system. Bringing this case up by Elon mask had no goal but playing with the price. 

No.
Consider this: How much utility is gained by expending the energy on Bitcoin mining (and thereby the security of Bitcoin) as compared to its alternatives? How much ewaste is produced as a byproduct of Bitcoin mining? These are still fairly real concerns. Deflecting criticisms by directing them at something else isn't a solution, neither is shifting to an alternate algorithm. Your only way is to prove that the environmental impacts is worth it for the benefits that Bitcoin provide.

Ideally there is no need to have war over this topic in the media, social platforms or forums because if we start comparing the list then we will know how every stuff affects the carbon emission and also affects the ozone layer and thereof leading to the green house effect.

I mean since the Industrial Revolution happened there is huge spike in use of transportation whether it is ground or air or ocean every engine is responsible for the CO2 emissions. Well nobody said anything about it?

If we start then we may need to shut down the F1 racing for that matter, or may be stop cutting down the trees for making house, furnitures and what not?

Come on, this is taught in the schools man.

And suddenly they call it after effect of Bitcoin Mining. What pity mercy on the earth. 

Yes we should care about the emissions but the problem is that the people in power don't care about it because the leading reasons for carbon emissions are lobbying these people to stay in business.

Dude please it's enough with this CO2 bad propaganda, this is natural gas we (and all animals) exhale all the time and same gas plants need to live and grow.
This stupid idea that mainstream media and researchers paid by big corporations are pushing so hard is ridiculous, and connecting that with Bitcoin is even worse.
If we compare Bitcoin ''dangerous'' CO2 emission with gold, finance sector or with military-industrial complex we can see how insignificant Bitcoin is in this story.
Again, if you can convince bunch of people that cheap face masks protect them from some boogeyman virus then you can also convince them that CO2 is bad, that Bitcoin is bad, and that to much people on planet are also bad...
Pay mainstream media to report about this 24/7 and it looks like something is real even if it's not, and solution would be to stop watching tv, but it's not so easy to give up digital drug addiction

Interesting bitcoinmagazine reading material regarding this subject to put things into perspective:


https://bitcoinmagazine.com/culture/bitcoin-vs-world-military-emissions

Totally agree with your point of view, but the thing is Elon Musk has portrayed bitcoin mining as very bad to the environment and many people bought on that argument.

But even way back in 2017, it has been debunked already and now that bitcoin is again on the limelight, this argument surface again, but this time there was a face to it, Elon Musk. I guess he didn't understand how everything works, or just have his own narrative behind attacking bitcoin using this angle.

Don't you know that the casinos in Las Vegas are more important than BTC miners.
Gambling is more beneficial for the society than cryptocurrency mining.
I agree with your theory.Actually I keep repeating the same theory over and over again.
We shouldn't put the blame on crypto miners for using electricity,that is produced by coal burning power plants.Nobody blames Las Vegas casinos for consuming "dirty energy" that's being produced by burning coal.
All the "crypto mining energy consumption" BS is just pure propaganda.

We always should care, I do agree. But I actually don't think countries where economy is needed more than the developed nations should pay as much or at least they should be allowed to use the coal and whatever they need to develop. The West can afford to say a lot of nonsense because they did it first and don't need to anymore. But maybe that's politics. Bitcoin can and should be greener, why not?

Ethereum Devs care, which is why they started a roadmap to scrap Proof of waste and move to Proof of Stake.

No Bitcoiners don't have to care,
Just like Bitcoiners don't have to care, that bitcoin raise the electric rates and causes increased fossil fuel usage or promotes excess coal that makes it harder for some to breathe.

But will Bitcoiners care when all of the world governments ban all bitcoin mining and your bitcoin investment turns to crap,
and they use the CO2 emissions as the reason?

Just like I don't have to care if the price of bitcoin collapses because bitcoiners did not care about others.  

Apparently the crack head skipped the battery pollution which is 74 percent more than a conventional car and also the space rocket emission which not only destroys the ozone  layer but contributes a good amount of CO2 to the atmosphere. He should first looks into his companies rather blaming Bitcoin and the miners.

The best solution is to ignore him whenever he tweets about Bitcoin. These influencers are cancer to the community.

No.


why?

C02 was successfully framed as the bad guy for global warming.  wait ..no its called climate change now. (your assigned media opinion) And Elon should fucking know this and he probably does therefore hes repeating media bullshit points.

The reason for the No.   C02 isnt the primary greenhouse gas.   its Not even close.  H20 is the primary greenhouse gas.  it accounts for aprox 60-85% of all greenhouse gases.   c02 is under 1% also if you have equal values of CO2 and H2O, h20 is still quite a bit stronger then c02.

CO2 emissions is the new speech against bitcoin, and is becoming a huge trend since Mr. Musk says he will accept bitcoin payments on tesla when 50% of the miners become green. And it's really fun how bitcoin is becoming the bad guy because of the enormous contamination. and I want to ask you, is it a bitcoin fault?

The city with the biggest energy consumption is Las Vegas, and did you know where that energy comes from? it comes from carbon burning, but bitcoin is the bad guy.

We don't feed the miners with carbon or fuel, we feed them with electricity and we give zero fuck about the source of that energy because it's a service that our governments provide. If it's green energy or not that's out of our hands. So, people need to stop blaming bitcoin for the CO2 emissions, the governments will always choose the cheapest way to produce energy, so, those emissions aren't from bitcoin they are from the providers. If people want to blame someone they should find the right focus.

Elon Musk should be worried about the contamination generated by batteries and not about CO2 emissions, but that's a topic that he never talks about. So, this is just a nonsense drama.