0 sats \ 1 reply \ @028559d218 OP 3h \ parent \ on: Be careful what you wish for: Bitcoinization can and will have huge implications bitcoin
with all due respect... I completely disagree.
Bitcoin is the greatest example of free trade there ever was.
There is a reason most people don't 'mine at home' or companies don't mine in high-electricity-cost areas. it's not efficient.
It would be like saying... you have to use Bitcoin where it's mined. that's not the way Bitcoin works. It can be mined 'anywhere' in essentially any quantities... and then used anywhere the user wants - usually where the value for purchases is the greatest.
I respectfully disagree with the idea that production that is 'local' is more efficient. efficiency is global trade where some groups are better than others specializing Bitcoin is no different.
Not sure what you're getting at, Bitcoin isn't a good in the import sense... It's numeraire
Taking a bad comparison to goods however, given it's use is storage and transport of energy then it's already produced where it's used
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