This seems like a slightly modified version of the old, “if you have nothing to hide...” saw and I don’t like it.
718 karma · joined April 9, 2018
This seems like a slightly modified version of the old, “if you have nothing to hide...” saw and I don’t like it.
But if the utilities are selling more of their power to local Bitcoin miners, they’re exporting less power at those premium prices, which makes it harder to keep local rates low. Further, because much of the surplus is currently committed in long-term contracts, supplying miners with all the megawatts they want might require the utilities do something virtually unprecedented: buy power on the open market, at prices far above what locals have come to expect.
Solution: pass a law to charge miners export prices. It’s not as though Bitcoin mining helps the local economy, so you either return revenues to pre-mining levels, or drive the leeches out. Either outcome is equivalent.
Oh totally! That’s why ads have never been a thing until the internet, and why there have never been print ads, television ads, and ads on the radio. No individual data, no ads, it all adds up.
(/s)
And before you go off on Americans having to comply with a law OUTSIDE OUR JURISDICTION, how about we hold all of our crappy laws over your head. And fine you 4% of revenues for one of our bullshit laws?
Kind of hard to reconcile those two positions, given that the former is just a perfect example of the latter.
When this fad dies, it will have been historically significant in terms of pure waste.
It would be easier to make that argument if they weren’t opt-in, and layered on top of an attention-monetizing economy.
I don’t know what to say.
Truly, this sounds divorced from the reality of anything Elon Musk is involved in. He’s making electric cars, rockets, and solar panels, not fusion power or immortality pills. Let’s be realistic! I think it’s important to separate what he actually does from what you desperately hope he may someday do.
Streaming, clouds and DRM protection are fine for discovery, but if you love something, archive it. Storage is so cheap after all!
So trippy! You’ll never believe mine though, Donald Trump is president of America and Dick Cheney outlived Robin Williams. I think I got a bad vat.