Author

Topic: Can Bitcoin Self Regulate? My Test Via Ecocoin (Read 1162 times)

newbie
Activity: 22
Merit: 0
Greetings Friends,

1.  Many of us here would prefer that Bitcoin be left alone to self regulate.  But they question is, WHAT do we need to self regulate and how can we go about efficiently doing so?  Or do we need governments to step in and regulate for us?

2.  In my opinion, one of the issues we must self-regulate is our increased energy consumption and subsequent increased carbon footprint.  Therefore, I created Ecocoin - a mining pool where the (3%) fees are donated to non profit organizations that plant trees and buy rainforest land in an effort to offset our increased carbon footprint.  What do you think, will it work?  Will we self regulate?  Or will man's inherent greed get in the way and it will be avoided because of the higher than normal fees?

carbon is bad for what? I must have missed something

Carbon dioxide in the atmosphere is bad because it exacerbates global warming, which the overwhelming majority of climatologists think is at least partly human in origin.
sr. member
Activity: 672
Merit: 258
https://cryptassist.io
buying land titles in a foreign country is a bad idea.  never know what will actually happen.
hero member
Activity: 854
Merit: 1000
Greetings Friends,

Many of us here would prefer that Bitcoin be left alone to self regulate.  But they question is, WHAT do we need to self regulate and how can we go about efficiently doing so?  Or do we need governments to step in and regulate for us?
Jump to: