this post was submitted on 27 Feb 2024
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[–] [email protected] 16 points 8 months ago* (last edited 8 months ago) (4 children)

Genuine question: If I use a cryptocurrency such as Monero for its privacy benefits (only for spending, not as an investment), am I indirectly making crypto mining more profitable and hurting the environment?

ps. I don't use any crypto yet.

Edit: actually I don't care that much about private money. What if I were to just use some crypto because it's convenient? Would that be bad?

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[–] [email protected] 25 points 8 months ago (10 children)

This is dumb but only because we don't worry about energy use any other time. Tons of places in my city keep all their lights on 24/7 unnecessarily, we all are sitting on a "useless" social media, video games and movies and music are all energy uses. I don't want the government to start limiting energy use on things it deems unimportant. Who gets to decide what counts? Just implement a carbon tax and energy use will go down if people don't want to pay. We don't need to police everyone's usage, we just need the cost to actually reflect the externalities.

[–] [email protected] 2 points 8 months ago (1 children)

With Carbon tax only the rich win, we need carbon credits

[–] [email protected] 6 points 8 months ago (2 children)

No it’s really really easily to implement taxation that’s not regressive.

[–] [email protected] 5 points 8 months ago (4 children)

A progressive tax that means the biggest users pay the most would probably be ideal (but then that's mostly true in every situation)

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[–] [email protected] 5 points 8 months ago

So true. These fu**ing schools keeping their lights on the whole night and vacations, with their old lamps, while people like me measure their lamps and turn everything off...

Also the amount of 4K or more useless data transfer, ads, unnecessary youtube videos where there could be only audio (if they made that free, you can use any FOSS client and do the same)

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