Re: Bitcoin minting is thermodynamically perverse

Participants: BitLex

Quote from: gridecon on August 06, 2010, 07:30:32 PM

You are arguing that the overall social utility of Bitcoin is “worth it” - worth both the raw energy cost of the computational work, and worth the regrettable fact that it provides a profit opportunity for botnet operators.

I’d rather like to support a system like bitcoin, that i can use myself for value-transaction, than searching for E.T. to make some scientist save cash. That’s a waste of energy and still people do it voluntarily without any benefits.

And i really dont care if some botnet-ops make a profit or not, as long as they don’t bother ME (or anyone else).