I cringe every time I see such comments. Ban bitcoin or ban beef because it uses too much energy.
Humanity will continue to require energy as it advances and banning anything "because it uses too much energy" is a ridiculous advice. How about we ban gold mining, or set quotas on the number of children people may have, that will surely contribute to our CO2 reduction goals. It's also Orwellian and reminiscent of how the world looked like for citizens of the USSR back in 1960-1990
We have banned a ton of things because they are bad for the environment. It has worked and will continue to work. Things like building design and construction standards are set to a minimum environmental standard, why shouldn't cryptocurrencies.
i find views that want to ban anything for energy consumption ridiculous. also what the people advocating for this kind of thing are missing is that it’s all fun and games until something you rely gets banned because of reasons.
here are my proposals:
the entire banking system is obviously using a lot of power. how about we ban banks and go back to using paper money. that’s def more environmental friendly. /s
electric cars run on energy that’s generated with coal. that’s not cool. let’s ban electric cars and keep driving gas cars. they have been around for a long time and the technology is so good that we actually pollute less with a gas car /s
the internet in general and datacenters in particular are using a lot of power. let’s ban datacenters. guaranteed between environment afterwards /s
We have banned low efficiency vehicles (CAFE standards), we have banned refrigerants that are bad for the environment (CFCs). We have things that clearly cause massive amounts of societal harm (leaded gasoline). The market didn't solve any of those issues, the government did. I for one am extremely happy that we live in a world that is not poisoned by lead and that still has a functioning ozone layer. Its kind of silly that you are equating bitcoin with the entire modern banking system. The regulations to ban leaded gasoline didn't destroy automobiles, they just made them change. Changes to proof of stake aren't existential to BTC holders, but they are existential to the rest of us.
Also "until something you rely gets banned", what do you rely on bitcoin for besides being a store of value?
yup. it is silly to compare the banking system with bitcoin. bitcoin is obviously better. does it close at 5pm? does it close on the weekend?
my point is that you don’t get to decide what i consume. and banning bitcoin == banning any type of computing that you don’t like. do you understand how much power a modern datacenter sucks? do you also understand that some things that run in a datacenter are straight up dangerous to the fabric of our society?
"my point is that you don’t get to decide what i consume"
I am not making any decisions about your consumption. Our democratically elected government is responsible for making the best choices that balance our societal needs. Our government already regulates a lot of things around computing: Child porn/CSAM, export controls around cryptography, data privacy, the computer fraud and abuse act. This isn't novel stuff, having a computer doesn't mean you can do literally anything on it with zero consequences.
Building construction standards are a great example of regulatory failure.
By optimizing around energy conservation at all costs, we have homes that cost 3x, held together with glue, susceptible to mold, and filled with toxic crap like vinyl.
A quick google seems to turn up that this claim is from thefactsource.com based on the internet uses 10% of global power. And YouTube is 11% of internet traffic. So 1% of global power.
VS
An estimate of Bitcoin power consumption by the Cambridge Centre for Alternative Finance.
I know which one I’m more prepared to believe.
Even if this were true. I go on YouTube and can learn things: recipes, FreeCad tutorials, coffee nerdery, harmonica lessons.
That article assumes that if YouTube is 11% of total internet bandwidth then YouTube is 11% of total internet electricity usage. That's a very dubious assumption.
But again, read what the person you are responding to wrote. YouTube provides something of value to millions. PoW is not required for cryptocurrency to function. PoW provides no value. It wastes time and energy for the sake of wasting processor cycles.
There is no subjectivity here. We are not discussing the perceived value of cryptocurrency. We are talking about the value of the PoW algorithm. It is objectively wasteful. It is wasteful by definition. It's entire purpose is to force computational resources to spend cycles on computationally expensive problems that provide no value to society. It is an interesting an novel idea but it does not scale and that is a problem since there is a very real cost to society in expending significant amounts of the planet's resources for no gain.
Bitcoin is like gold. It’s valuable because other people say it’s valuable. But nothing useful happens when you mine crypto. Was I entertained? Did I learn something? Are they producing a widget? Even gold can be made into jewellery or used in electronics. Crypto literally just uses power.
Come on... PoW provides no value? So the almost $1 trillion in Bitcoin is just, nothing? Not worth anything? I think the people invested would beg to differ.
There is no need for Bitcoin to use PoW. Bitcoin can continue to exist using a different algorithm to establish distributed trust. But since you brought up Bitcoin, yes, I would say that it provides little value to society in it's current state. It operates primarily as a speculative investment rather than a true currency.
What would you propose the Bitcoin core team should switch to? Have you looked into the other algorithms, the feasibility of migrating of the existing network, etc.? It sounds more to me like you've just written off cryptocurrency in general.
As far as I can tell PoW is the most proven consensus mechanism so far. PoS may be promising though. ETH2 successfully switching will be telling.
I haven't written off anything. PoW is inherently flawed. It does not scale and Bitcoin has proven that. Bitcoin averages ~300K transactions a day while using more energy than some countries. That is unacceptable.
YouTube also promotes conspiracy theories, racism, anti-intellectualism, authoritarianism, anti-vaxxing, and so on. These things pretty severe negative externalities, to put it mildly. So let's not pretend that YouTube's existence is a net-positive for humanity; that remains to be seen.
I think the difference is that a means of building green buildings and green cryptocurrencies have been proven viable. Once the same happens for the category of product YouTube falls into (which goes beyond just video distribution), the non-green way can be eliminated.
"the internet uses 10% of the total electricity consumption worldwide. How much of that is consumed by Youtube? After Netflix and embedded videos, Youtube is the third biggest global internet bandwidth eater. About 11.4% of global internet traffic is consumed by Youtube"
That figure assumes that the electricity usage of the internet is exactly related to the amount of bandwidth - so if YouTube uses 11.4% of the internet's total bandwidth, that means that YouTube uses 11.4% of the internet's total electricity consumption.
No that isn't all YouTube does thank you very much. It's one of the greatest treasure troves of educational video content. It has helped my life, career, and those of my friends. It has probably contributed far more to humanity's advance, in efficiency alone, than most other websites of its kind.
That you only use it to watch videos that bring zero gain to your life is a You problem.
> Humanity will continue to require energy as it advances and banning anything "because it uses too much energy" is a ridiculous advice.
Not right now it's not. Not when we have constraints on how much CO2 we can pump into our atmosphere.
Right now, and I mean right now, when we're having huge problems de-carbonising the planet's energy supplies and are risking making life very uncomfortable for ourselves for decades or centuries to come, limiting energy use is actually one of the few levers we have to try to make a difference.
In this current situation, bringing online a whole new mid-sized country's worth of energy consumption for a financial instrument is ridiculous, and a huge own-goal for humanity.
Because electricity costs money. When the cost of electricity exceeds the value of coin you mine, you will stop mining. If you make a coin that takes half as much energy to mine, miners will just mine twice as much of it. Its like y'all are just discovering capitalism for the first time.
>or set quotas on the number of children people may have
Some people consume 10x less energy than others, so blindly capping the number of children does not seem a good idea. What about capping the carbon footprint per person instead?
We track and tax revenues (not perfectly but as well as we can). We could definitely track and cap carbon emissions. Sounds good to me!
I’m sure businesses that rely on dumping arsenic into the local lake don’t like having their livelihood threatened either. Property rights matter. Right now the market is broken.
Absolutely. If anyone believes this bs they're just enabling and encouraging musk to continue manipulating markets as he pleases. People will now start praising his decision but make no mistake, I don't know what was the real reason behind it but sure as hell it wasn't climate change and the way musk goes about releasing information that is moving markets is contemtable
No, of course not. Most big stakeholders in cryptocurrencies want a manipulable asset to invest in. A long circuituous route was taken to building one when regulation cut off the ability to do what they are doing with their coins.
I mean, the whole transacting without borders, and providing a transaction medium that is somewhat immune to geopolitical power projection by any one nation state looks great on paper; but it's also the type of idealistic tool frequuently used to get someone to part with their money.
As much of a raging contrarian as I am when it comes to Federal regulation a d interference in markets; the type of market activity surrounding crypto is a spot on copy paste of the types of scammy behavior the SEC was meant to rein in, even if the rulemaking (whether I like how it's done or not) hasn't caught up. It's also market activity that's producing no net positive societal value as far as I've heard of measuring being done to account for it. Businesses popped up to facilitate movement of coins, and conversion to fiat; but the externalities (regulatory escape, lost funds by people when scam exchanges walk off with everyone's assets, greased anti-money laundering mechanisms, environmental costs, brain drain)...
I know my viewpoint on it probably means about as much in the long run as a gnat fart, but it's just one of those things that seems like a solution looking for a problem, picking whatever problem looks most likely to gain momentum this week, and to hell with the problems caused as a result.
> So I looked at my husband and asked the big question: How far would he support me in taking this? What if I didn’t delete the tweet and I got fired for it and we lost our health insurance? He told me to stand my ground, even though he’s in multiple high-risk categories for COVID as a cancer survivor with asthma, and that’s why I love him so much.
Heh I'll probably get downvoted for saying this, but that's not brave, that's just plain irresponsible and stupid, she's literally trading more risk(and that risk concerns her family too) for no gain whatsoever (it costs nothing to delete a tweet, but the loss of her job could potentially cost her everything).
> she's literally trading more risk(and that risk concerns her family too) for no gain whatsoever (it costs nothing to delete a tweet, but the loss of her job could potentially cost her everything).
I have to disagree with both of these points, but am not downvoting you.
Even if you lose your job, you are still eligible for COBRA. She, and her family, would not immediately lose their health insurance. It might cost them a bit out of pocket, but they're not going to die. Further, I doubt someone who works in social media, in the tech space, and with 50k followers on twitter these days would not be able to find their way into another job.
Second, "costs nothing to delete a tweet", while financially true, is not true across the board. People do not like to be censored, especially needlessly so.
this assumes placing no value on principles or pride, which is probably not true of most people and varies by individual. you can’t reasonably price this for a person you don’t know.
>but the loss of her job could potentially cost her everything
again, you can’t answer this for somebody you don’t know. she’s in a better position to estimate the probability of being fired and how much it would cost her.
clearly she thought a 100% probability of giving in was more downside than an x% chance of losing her job. the preference is individual even if we know all of the variables, which we don’t.
I think most sane people agree with this; its a tweet, delete it and move on. But we live in a world where supposed virtue and feelings matter more to some people than rational thought. If I were an interested party in Figma and this tweet cost the company a big sale, of course I would fire the employee. This whole "feelings before business" is asinine and I hate that these posts are becoming more and more common.
Honestly though, I would have done mostly the same thing she did in this situation.
One thing about living in the 21st century is this constant understanding that you're tiny and these huge corporations can swing their balls and knock you out in the process. Being able to stick it to a billion-dollar corp, to the point of them threatening a lawsuit against you, is hilarious.
Now, I have a high-paying job and enough in savings to hold out for a few years with no income, so I'm not saying everyone should do this. But yeah, I would gladly go down if it meant I could flip the bird to these narcissistic assholes who think everyone in the world should bow down to them because they're rich.
I'm not sure I understand your comment. Crypto was always about freedom, and as things stand the right is advocating for freedom more than the left (gun rights, freedom of speech, smaller taxes).
Crypto was always about freedom, you're liberated from the dependence on your country, bank, or whatever else it may be. Your fate is in your own hands, your wallet, your funds.
> and as things stand the right is advocating for freedom more than the left
I don't think that's quite clear cut. The right politically makes more hay about freedoms these days, but they have equally strong positions that are anti-freedom (pro-life, voting restrictions, immigration policies, drug policies, religion) and the left has pretty strong advocacy areas for freedom (religion, drug policies, "gay marriage" ) etc.
There are multiple kinds of freedoms, I suppose.
For immigration, yeah, being free to move somewhere seems clearly freedom. A freedom to do something.
Not being forbidden from practicing ones religion is also a freedom to do something.
Being free from being discriminated against on the basis of religion is a different kind of freedom, I think.
There is a similar way to split the third kind.
I suppose the boundary between “the freedom to do x” and “freedom from being treated badly for doing x” is kind of fuzzy. It would be absurd to say that “we have freedom of immigration, it’s just that basically anyone who comes in we happen to shoot.”, in such a situation, people are clearly being forbidden from immigrating.
But if someone is endlessly harassed by people, and treated with extra suspicion by the police, in response to their practicing their religion, yeah, that is kind of going against freedom of religion kind of in the first sense, or perhaps somewhere between the two senses, even if officially by law there is nothing forbidding it, and another law says that no law can be made which does forbid it.
But, even if things like this show that the distinction between the two senses is kind of fuzzy, I still think that the distinction is still somewhat relevant and somewhat reasonable.
A self-consistent rightist could very well support nearly-open borders, and legal protection of the practice of other religions, and oppose attempts to criminalize or otherwise legislate against LGBT things, on the basis of freedom, while at the same time also being somewhat discriminatory on a personal level against one or more of those groups.
> A self-consistent rightist could very well support nearly-open borders, and legal protection of the practice of other religions, and oppose attempts to criminalize or otherwise legislate against LGBT things, on the basis of freedom, while at the same time also being somewhat discriminatory on a personal level against one or more of those groups.
They probably could. The large bulk of right wing legislators and media personalities aren't like this, though.
> the right is advocating for freedom more than the left (gun rights, freedom of speech, smaller taxes).
You got that backwards: The left is advocating for freedom more than the right (freedom from gun violence, freedom from hate speech, freedom from preventable/treatable medical conditions).
agree about freedom re: healthcare. it would also mean freedom to take risks as a creator or entrepreneur, if you don't have to rely on an employer for health insurance.
the gun issue is a city vs rural thing. you don't want them in a city, but you might in the rural context.
> freedom from hate speech
but reframing censorship as freedom is blatantly Orwellian. also, the left is not a monolith.
the liberal left advocates for free speech and liberty. aligned with freedom.
the illiberal left advocates for censorship and control. the opposite of freedom.
The kind of freedom the left advocates is more about freedom from being dominated by some authority; but we see your boss or your landlord as being more of an immediate authority than the government. So we support labor organizing and tenant rights. Many leftists support the right to bear arms (Karl Marx, famously).
The original meaning of “right wing” meant supporters of monarchy or aristocracy. (The supporters of the aristocracy sat on the right in the Estates General assemblies right before the French Revolution, the commoners on the left). What you are describing is a free market libertarianism that denies or pretends that class doesn’t exist at all, which generally serves the interests of economic aristocracy.
Yes - I just finished reading a book about the French Revolution and it was surprising how far the modern definition of right vs left has strayed. Imagine living in a time when the leftists were pro-war nationalists who loved prison and the death penalty! But in the current political climate, libertarian market ideas are generally included in the basket of ideas labelled 'right'. That's all I meant.
Yes, I think also that the word freedom is a bit ambiguous which lends itself to being distorted. The left wing view is that freedom means not being dominated by authority figures, and the way you fight back against authority is to band together to pursue your common interests, which means that to obtain freedom you have to take collective action. So freedom is seen in terms of power relations. The right wing idea of freedom is being alone or being independent; but we on the left would say that being alone just makes you vulnerable, unless you are already in a position of considerable power. But you know, independence from other people is a kind of freedom too, so I can see the idea there.
The whole story background story is extremely alarming. NYT unilaterally decided to reveal someone's real identity against that person's wishes. It should honestly be made illegal but given the current political climate it's doubtful such course of action will ever be considered. This whole situation gives even more credence to the idea that decentralisation is the only way forward for mankind if we intend to preserve the liberties our ancestors enjoyed for the past 300 years.
> NYT unilaterally decided to reveal someone's real identity against that person's wishes. It should honestly be made illegal but given the current political climate it's doubtful such course of action will ever be considered.
I completely disagree. That goes against the very free speech principles that readers of Scott's blog advocate so strongly. I think it was the wrong decision to publish his name, but it shouldn't be illegal. Like it or not, Scott has become a fairly important intellectual given who his readers are (and may I say, completely deservedly so).
> That goes against the very free speech principles that readers of Scott's blog advocate so strongly
Not really. Doxxing someone mostly leads to harm. Anyone that was on the internet in the early days knows this, these days it's worse because the mobs that attack you aren't just doing mindless trolling, they're seeking something more intrinsic.
I look at it as in defense of free speech. That said, I don't generally believe in total anonymity. I believe in PGP style pseudo anonymity. With someone's real name you can attack their friends, family, and the place they live. With an online identity you can attack their ideas and if you're one of these people that enjoys grey areas you can attack their platform. That, to me, seems more fair.
While I don't think the NYT had a strong reason to reveal Scott's real name, it's absurd to say that newspapers shouldn't "reveal someone's real identity against that person's wishes" in the general case.
As the saying goes, journalism means printing things that certain people don't want published, and everything else is PR. Journalists are supposed to reveal things against the subject's wishes.
Can you articulate a coherent framework for how and why an American news publication should be prohibited from revealing legally obtained true information about the leader of a large, popular, or otherwise noteworthy community?
I haven’t thought up a framework, but one thing I’m wondering is why the identity of the person alone is newsworthy.
I’m probably missing part of the background here, I’m new to the controversy. Did some kind of mystery arise around the true identity of the author? Your comment implies that NYT obtained the true identity of the author through legal means — how exactly did they do that?
I don’t think finding out the identity of someone who wishes to remain anonymous is, in itself, sufficiently newsworthy to overcome the privacy interests of the individual. I also wonder if this story has a more interesting angle buried in it about the complexities of identity in the internet age: the author of the blog achieved notoriety, but in some ways that character is distinct from the physical person living their life and doing their job. The NYT wanted to publish a link between those two personas over their objection. Why should they be able to if the story can be written in a way that doesn’t?
Consider someone like... Satoshi, of bitcoin. The character has achieved this powerful notoriety and managed to remain anonymous. Do people want to know which person on the planet created that persona? Sure; do they need to know, is the identity alone newsworthy without some reason to need to publish it?
Honestly I tend to say no. That’s just... gossip, isn’t it? How is knowing a different name to associate with the character going to enrich and inform me in any way?
Examples where I think revealing the identity might be of substance:
- suppose someone committed crimes to keep their identity secret
- suppose government officials intervened to help them remain anonymous
- suppose the person turns out to BE a powerful government official
> I’m probably missing part of the background here, I’m new to the controversy. Did some kind of mystery arise around the true identity of the author?
Not really.
Originally, the blog was pseudonymous. It was the first and middle name of the author, which he did because he's a psychiatrist who didn't want someone Googling his real name and finding his blog (for various professional and personal reasons).
But it wasn't exactly hidden super well - I found out his full name kind of by accident while googling for some random info about him, it would take most people a few minutes to find his name I imagine. This was ok by him because he mostly wanted to protect the reverse direction - someone googling his full name and finding his blog, not the other direction of someone finding his blog and discovering his full name (mostly - not exclusively).
In any case, after a year of "arranging his life" to allow him to do so, as he puts it, he is now publishing under his full name.
I don't really get why the NYT wanted to publish his name against his wishes. At first I thought it was sensationalism but I read elsewhere that the regular readership of the blog was estimated at around 8.5 thousand. No idea if that's right but if it's within an order of magnitude then I rather think the NYT should have more pressing stories to develop.
I mean, on the one hand the readership is higher than that but probably not crazy high. On the other hand, his readers really are fairly influential, so I think he really is worthy of an article in the NYT. (I mean I'm a huge fan of his as well and think he's one of today's leading intellectuals, so I might be biased)
The NYT initially said they wanted to publish his name because of editorial policy. The reported said it was kind of being forced on him because "them's the rules" or something like that.
> Consider someone like... Satoshi, of bitcoin. The character has achieved this powerful notoriety and managed to remain anonymous. Do people want to know which person on the planet created that persona? Sure; do they need to know, is the identity alone newsworthy without some reason to need to publish it?
If a journalist were to learn the identity of Satoshi of course that would be newsworthy. Is this a serious question?
Prohibited? They shouldn't be, any more than they should be prohibited from replacing their logo to a swastika. We have freedom of speech, and that's important. If the government tried to go after NYT for a swastika logo, I'd be 100% on the side of the NYT; free speech should be legal even if I disagree with it.
On the other hand, I'd never visit NYT again, and I think most of the population would do likewise.
This isn't as extreme, but events like this should cause the general public to adjust their views of NYT. This shouldn't be a cancel-culture style slander, but simply starting to treat NYT as a random tabloid which makes stuff up for clicks.
I won't because I'm neither American nor a lawyer, but I will answer your question.
The person in question wanted to remain anonymous for good reasons, they didn't consent to have their true identity revealed and yet a powerful news corp decided to do that anyway, clearly in bad faith and for their own gain, violating that person's and their relatives' privacy. It's obvious the aim was to incite verbal violence against and "cancel" that man because he committed the heinous crime of wrongthink.
They should absolutely be allowed to reveal legally obtained true information about people's identities, but the vital 'legally' part of the process should encompass said people's consent.
If I start a blog that sees some success, and avoid using my full name in order to protect my privacy, then I obviously don't want my full name linked to my blog and I don't see why random businesses should be allowed to doxx me for the sake of some ad revenue.
Couldn't agree more. If there's one thing the last 5 or so years should teach us is that newspeak isn't a language, it's the entire technological communications apparatus of the West.
I mean, I share your sentiment even if it doesn't add value to the conversation, but they are communists, it's quite the opposite of fascism and equally as or more evil.
I agree, that the current economic situation is likely much better for almost everyone in China.
I'm not so certain, however, that the previous failures can be directly attributed to central planning?
It seems officials were too afraid to come forward about issues regarding food production, due to repercussions of admitting failure. But this might not be inherent to central planning: the authoritarian nature of the state, punishments for admitting failure and perverse incentives causing officials to report success likely were more direct precursors of this outcome.
This sounds substantially overengineered way to justify his actions and relieve his conscience. In an organization of 17 people a person in his position would know exactly which people would work together to build a great team and which would not. In such a small team it's as much about the roles as it is about the people themselves, his method apparently completely dismisses that element of the decision.
I don’t think the reorganisation into two teams was necessarily obvious.
Secondly, when you are making a decision like this which impacts the course of other people’s lives, I personally believe that you should use a level of structured decision making rather than a gut feeling of who ‘fits into the team’ best.
Overengineered? Probably, but at least it showed a clear thought process. Also he stated he considered team dynamics once he had some candidate options.
Precisely. On day 2 you are still taking stock and figuring out the lay of the land, and you're in absolutely no position to start making decisions with far reaching consequences. The first thing you will want to figure out is what happened with the previous CTO and why that person left.
No, I am just pointing out that there is a resource misallocation, and people don't have to suffer poverty.
And I also think that people simply deserve some equity (large portion of total economic assets in our society was created by our ancestors), just by virtue of being part of the society. UBI is just a dividend from that equity.
Do empty apartments incentivize creativity and innovation? No, there is no reason to accommodate them, anyone who makes money by making life worse for others should expect society to take their stuff sooner or later.
Alright, and who is going to invest and build future apartments if there will be a high risk their properties will then be confiscated for "the greater good"?
It wont get confiscated if they just rent it out or sell it, it just prevents them from creating artificial scarcity by sitting on perfectly fine homes hoping prices will go up in the future.
I'd just progressively tax them so that it's more economical to sell those empty apartments then to hoard them, which is currently incentivised. I know. I own 3 apartments not used for anything and keeping them off the market costs me less than single minimum wage.
I'm sorry for that. I intend to fix them up and rent them eventually. I just can't get my self around to actually doing it recently.