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Feb 23, 2021
6:01:00pm
Defenestrator All-American
There is a lot more to the energy consumption angle than environmental impacts.
The energy consumption brings costs that the system must pay to perpetuate itself, so it takes what would otherwise be zero-sum speculation and turns it into negative-sum speculation when you consider that the miners have bills that need to be paid. He is rightfully concerned about people losing money they can't afford to in the mania.
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