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10 sats \ 1 reply \ @joda 5 Feb \ parent \ on: My MSNBC Friend bitcoin
the problem with these arguments is that they aren't convincing if people just think Bitcoin mining is a waste of electricity; It doesn't really matter how much electricity is used by dryers or Christmas lights, because people see value in those. It's also a false dichotomy, because you can always argue to get rid of dryers AND Bitcoin mining; they aren't mutually exclusive.
I think people either need to be shown the value of bitcoin itself, or how mining is helping people in remote areas gain access to electricity by making it profitable to build infrastructure.