This would actually be hilarious... some deranged Bond villain who's conspiring to melt the permafrost to release all the methane so as to drive humanity extinct, lol...
As someone with quite a few Bitcoins, and who actively mines using my hardware when it isn't in use, that is most emphatically not what it is.
Every cent you "save" is diluted when the Federal Reserve decides to print up a trillion or two.
You can't "print up" a few trillion Bitcoins. You can't add more. You can't magically make them go away (unless of course your throw away your hard drive with the wallet data on it...).
And unlike any other type of currency, where some shady deal can take place and there's absolutely no record of it... there's a ledger of every single transaction ever made on the Bitcoin network. You may not know who that address belongs to, but the transaction is there.
> Every cent you "save" is diluted when the Federal Reserve decides to print up a trillion or two.
And yet, disregarding exceptional circumstances in world history, it's generally stable. I can buy bread for roughly the same amount of dollars I bought it for last year.
> You can't "print up" a few trillion Bitcoins. You can't add more. You can't magically make them go away (unless of course your throw away your hard drive with the wallet data on it...).
You can do plenty other funny things if you have equivalent amount of power.
> And unlike any other type of currency, where some shady deal can take place and there's absolutely no record of it... there's a ledger of every single transaction ever made on the Bitcoin network. You may not know who that address belongs to, but the transaction is there.
Sure. But instead, you can just... give someone the key to your address. Roughly equivalent to how shady deals happen with fiat - you give someone a briefcase full of cash.
All of that is irrelevant to the point here, though: the point is that if you tried to imagine an evil mastermind hell-bent on accelerating climate change, Bitcoin is what they would come up with - an engine of unlimited energy waste, fueled by naivety and unadulterated greed.
