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0 sats \ 8 replies \ @jgbtc 10 Sep \ parent \ on: Green Socialism: Trapped In The Apocalyptic Cult econ
Have you seen the price tag for solving climate change? $5.5T per year, and we can safely assume that's a low ball estimate considering who's making it. I'm curious how you think that gets paid for on a Bitcoin Standard. That's a lot of money to collect if there's no money printer.
Source: https://unctad.org/sdg-costing/climate-change
Have you seen the price tag for NOT solving climate change?
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Yes, yes I'm sure it's a lot. So how do we pay to solve climate change on a bitcoin standard? Keeping in mind the US already spends $1.7T more than it collects in taxes plus we need another $5.5T per year (globally) according to the UN. So where's all that money going to come from without the money printer? I'm making the assumption we all want a bitcoin standard here, am I wrong?
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So you accept human caused climate change is real threat to humanity?
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No point in discussing how to pay for something you dont even acknowledge as a problem.
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No point in discussing how to deal with climate change with someone who does not acknowledge there is a problem.
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Lol, apparently you can't answer the question because you haven't thought it through very well. Since you are afraid to face the facts let me help you. Bitcoin will make it nearly impossible for governments to fund science or fix climate change. Whatever collectivist fantasy you have of Chinese engineers in the politburo spending trillions to change the weather, it will never happen. When they start printing the trillions of dollars they claim to need they will destroy what's left of fiat money and then comes hyperbitcoinization. Feel free to donate your bitcoin to the cause but I lost mine in a boating accident.
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