The pollution from bitcoin will make government forbid it - page 2.

ahpku

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Quote from: Elwar on October 16, 2015, 11:03:37 AM

http://www.coindesk.com/microscope-conclusions-costs-bitcoin/
[stuff a bitcoin blog says]

Without checking your [dubious] data, how is gold mining/recycling related to banks, which, to our chagrin, deal exclusively with fiat money?
And how is it you've failed to read the link offered above, where the point of banks consuming more electricity than the Bitcoin network is already addressed?

Further, it's simply ludicrous to include the energy consumed by bank's offices, branches, ATM networks, etc., etc. Feel free to ask me why

Quote from: Elwar on October 16, 2015, 11:05:15 AM

Transactions != mining.

The Bitcoin network can not handle more than 7tps.

Quote

Added block size does nothing for energy cost.

That wouldn't be Bitcoin, but an altcoin. Mods of bitcointalk and /r/bitcoin agree.

Elwar

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Viva Ut Vivas

Quote from: ahpku on October 16, 2015, 11:00:12 AM

Quote from: Elwar on October 16, 2015, 10:55:23 AM

Have you done any research at all or is all of your information from Al Gore?

https://bitcointalksearch.org/topic/m.12701555
Do read before being rude.
>100x transactions
Impossible. 7tps max, 'burst rate.'

~ManBearPig

Transactions != mining.

Added block size does nothing for energy cost.

Elwar

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http://www.coindesk.com/microscope-conclusions-costs-bitcoin/

ahpku

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Quote from: Elwar on October 16, 2015, 10:55:23 AM

Have you done any research at all or is all of your information from Al Gore?

https://bitcointalksearch.org/topic/m.12701555
Do read before being rude.
>100x transactions
Impossible. 7tps max, 'burst rate.'

~ManBearPig

Elwar

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Viva Ut Vivas

You know how little Bitcoin miners are wasting in energy right now?

Do you know that 100x transactions will barely change the amount of energy used by Bitcoin miners?

Have you done any research at all or is all of your information from Al Gore?

ahpku

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^^
Such edge!
>DMT
used to buy legally from Sigma-Aldrich catalog back in the day.
>MDMA
friend used to make & send me from Reed College
Question stands: Do you see Bitcoin as bath salts or more like bunk crack?

600watt

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Quote from: ahpku on October 16, 2015, 10:13:34 AM

Quote from: 600watt on October 16, 2015, 03:30:16 AM

Quote from: megadeth on October 16, 2015, 02:53:48 AM

forbid it? You mean just like they "forbid" drugs?

Yeah, they could recycle the good old "war on drugs" and call it "war on coins"

I like where you're going with this.
Do you see Bitcoin as bath salts, or more like bunk crack?

just take some DMT and decentralize your brain...

& you´d need some mdma for the p2p part.

ahpku

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Quote from: 600watt on October 16, 2015, 03:30:16 AM

Quote from: megadeth on October 16, 2015, 02:53:48 AM

forbid it? You mean just like they "forbid" drugs?

Yeah, they could recycle the good old "war on drugs" and call it "war on coins"

I like where you're going with this.
Do you see Bitcoin as bath salts, or more like bunk crack?

Q7

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How would that make any difference? If a country finds it hard to mine because of high cost of electricity, it doesn't mean that there will not be other places where electricity would be cheap and is not under government control. Even if energy price escalate in all over the world because of restrictions, bitcoin price will go up proportionately with the rise in mining cost.

ahpku

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Quote from: pooya87 on October 16, 2015, 05:14:39 AM

Quote from: Mickeyb on October 16, 2015, 04:48:27 AM

Mate, then you should also forbid cash money! Are you aware how many pollution there is and how many trees are cut every day just so you would be able to carry some Fiat bills in your wallet?

I guess you are not aware, otherwise you wouldn't start crappy thread like this one!

i wanted to say exactly the same thing about cutting trees and producing paper money.

there are a lot of factories that produce massive amounts of CO2, and in comparison mining is just a needle point. besides if CO2 emissions due to mining was serious only mining would move and no bitcoin banning can occur! besides it would move to good ol' third world countries if it were serious.

https://bitcointalksearch.org/topic/m.12701555

spazzdla

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Oooh the shills are making it to Jr. memeber first before spreadin the fud...

ya.. not gonna work clecks.

criptix

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hahaha

no

Shiver

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If every block is nearly empty, or nearly full, it doesn't change the mining energy required. it gets solved and submitted no matter what. What concerns me more is distributing the mining geographically like it used to be.

Bank overheads around the world use quite a lot of energy too. I haven't personally seen one with a solar power installation. I think Tesla company has a way forward, as solar costs are coming down by about 20% per year at the moment.

pooya87

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Quote from: Mickeyb on October 16, 2015, 04:48:27 AM

Mate, then you should also forbid cash money! Are you aware how many pollution there is and how many trees are cut every day just so you would be able to carry some Fiat bills in your wallet?

I guess you are not aware, otherwise you wouldn't start crappy thread like this one!

i wanted to say exactly the same thing about cutting trees and producing paper money.

there are a lot of factories that produce massive amounts of CO2, and in comparison mining is just a needle point. besides if CO2 emissions due to mining was serious only mining would move and no bitcoin banning can occur! besides it would move to good ol' third world countries if it were serious.

Mickeyb

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Move On !!!!!!

Mate, then you should also forbid cash money! Are you aware how many pollution there is and how many trees are cut every day just so you would be able to carry some Fiat bills in your wallet?

I guess you are not aware, otherwise you wouldn't start crappy thread like this one!

Amph

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at that point i'm sure the govenment, could help by giving his enormous solar pannel installation, the big one that is out there, i forgot the name

or use other for of energy save , electricity production

LMGTFY

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Quote from: 600watt on October 16, 2015, 03:30:16 AM

Quote from: megadeth on October 16, 2015, 02:53:48 AM

forbid it? You mean just like they "forbid" drugs?

Yeah, they could recycle the good old "war on drugs" and call it "war on coins"

That would be awesome. In addition to the prince increase we could reasonably expect from such nonsense, there'll also be an additional premium if we only sell BTC to law enforcement and journalists, who always seem to confuse "street value" with "the only possible value, for any quantity, ever". Good times!

I just hope it is the war on drugs they recycle - if they go down the war on terror route I'll need to drone-proof my paper wallet.

In the UK our wonderful government always appoints a "Czar" whenever they're fighting one of these wars. We'd get a Coin Czar. That sounds cool (they always sound cool).

600watt

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Quote from: megadeth on October 16, 2015, 02:53:48 AM

forbid it? You mean just like they "forbid" drugs?

Yeah, they could recycle the good old "war on drugs" and call it "war on coins"

megadeth

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bagholder since 2013

forbid it? You mean just like they "forbid" drugs?

Holliday

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Old FUD is old.

Topic: The pollution from bitcoin will make government forbid it - page 2. (Read 2476 times)