While I don’t disagree, it’s interesting to consider what it means for a currency to deserve something. I’d phrase it as “people who don’t hold very much bitcoin deserve to spend less of our worldwide energy and GPU output on crypto mining”.
That does not accurately summarize my own personal feelings on this. I do suspect it’s correct that BTC miners are using too much of the world’s resources (a problem that can be fixed, but I’d be surprised if Bitcoin developers chose to fix), but more generally I feel that people who do hold on to BTC deserve to lose their investment if they don’t sell soon (to be clear, I am against the government having anything to do with that. But I will be happy with the market if / when the market decides BTC is worthless)
Actually, I should have used a word different from “deserve”. There’s no such thing—I should have said something along the lines of “I’d prefer that...”.
While I don’t disagree, it’s interesting to consider what it means for a currency to deserve something. I’d phrase it as “people who don’t hold very much bitcoin deserve to spend less of our worldwide energy and GPU output on crypto mining”.
That does not accurately summarize my own personal feelings on this. I do suspect it’s correct that BTC miners are using too much of the world’s resources (a problem that can be fixed, but I’d be surprised if Bitcoin developers chose to fix), but more generally I feel that people who do hold on to BTC deserve to lose their investment if they don’t sell soon (to be clear, I am against the government having anything to do with that. But I will be happy with the market if / when the market decides BTC is worthless)
Language clarification: is “deserve to spend less of…” used in the sense of “deserve that less of … is spent [not necessarily by them]” here?
Actually, I should have used a word different from “deserve”. There’s no such thing—I should have said something along the lines of “I’d prefer that...”.