354
Waiting For the Fall
(lemmy.ml)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Oct 2023
354 points (88.3% liked)
Memes
45746 readers
1505 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
How is this not ok to reward those who don't spend? If we are going to stop climate change we need to stop consuming shit as much as possible
You want to stop climate change but promote bitcoin?
I have seen how much Bitcoin spares the environment. I would easily emit 5 times more CO2 if I didn't put all my money into it
Oh wow, what a great argument
You would have called me arrogant if I served you the logical demonstration. You wouldn't get it
That’s the same logic as saying that In going to kill 5 people and it’s fine because i’m not killing 20
I wouldnt get it because it’s ridiculous and illogical
I think in this case the distinction between getting a reward and getting paid is important. Bitcoin just appreciates in value with the rest of the economy - you don't get paid a higher percentage of all bitcoins from saving them - like you do from staking, or holding dollar bonds.
My criticism here is against capitalism, not against Bitcoin. Bitcoin's best feature is that it minimizes profits, and inequality caused by the Cantillon effect.