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Comment by user-the-name | Hacker News Reader

Increased bitcoin price leads, due to the economic equilibrium on which bitcoin rests, to greater energy usage and greater emissions.

Bitcoin already emits as much carbon as the nation of New Zealand. It emits ten times more carbon per year than Tesla, according to their own numbers, have saved over the lifetime of the company.

Increasing the bitcoin price by just 10% will eventually lead to an increase in emissions that will wipe out all of Tesla's environmental gains in a year.

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That's why Ethereum is the future. It's where all innovation is happening anyways.

It will take time for people to realize because Ethereum is so much more complex that Bitcoin. But it will happen eventually and inevitably imo.

For some applications, yes. I believe Stellar (XLM) is the future for transferring money across borders.

the repo looks pretty dead https://github.com/ethereum/go-ethereum/graphs/contributors

That's pretty selective lol. Why not use one of their main repos? It's almost like you have an ulterior motive.

the official ethereum client is not one of their main repo?

what is?

One could also argue that the power used by the vehicles themselves contributes to increased emissions.

I think the only way forward here is to generate electricity as cleanly as possible. That way we won't get bogged down in arguments about amazon's terawatt-hours being more worthwhile than those of facebook or bitcoin.

That's exactly why people advocate for carbon taxes. Instead of guilt tripping people you just add a financial tradeoff for pollution. Businesses don't understand morals but they do understand money and once you give them a profit motive they are willing to eat their polluting competitors for lunch.

Or we could also seek to reduce our consumption of energy, thus lowering the overall requirement to produce it by any means, including the dirty ones.

But hey, fuck that, there's a chance to get rich here so the planet can suck it.

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