The political case for a blanket cryptocurrency ban

I think the main premise of this article is the fact that crypto's carbon emission is insane, especially Bitcoin, which I agree (I don't hold Bitcoin for this exact reason). But there are many other crypto that uses Proof of Stake, way way greener than Proof of Work, such as Cardano. Even Ethereum is transitioning to Proof of Stake.

This article should be re-titled "The Political Case for a Blanket Proof of Work Ban".

Re: The political case for a blanket cryptocurrency ban

#6

Post by mantenpanther » Wed, Mar 31, 2021, 4:30 PM UTC

Hostile and clearly framed article from the first sentence. Could not read it further.

Re: The political case for a blanket cryptocurrency ban

#7

Post by tfang17 » Wed, Mar 31, 2021, 4:30 PM UTC

Didn't people make the same arguments about the Internet?

Re: The political case for a blanket cryptocurrency ban

#8

Post by verdverm » Wed, Mar 31, 2021, 4:31 PM UTC

xapxap wrote: post #2

So sad that you didn't buy some huh?

HN is not supportive of antagonistic, low quality comments. Please take that level of discourse elsewhere

Re: The political case for a blanket cryptocurrency ban

#9

Post by arrosenberg » Wed, Mar 31, 2021, 4:32 PM UTC

This is America, banning things rarely works as intended. A carbon tax solves this problem just fine.

Re: The political case for a blanket cryptocurrency ban

#10

Post by herve76 » Wed, Mar 31, 2021, 4:32 PM UTC

Dont poke the bear or...