Quote from: benjiw on November 21, 2017, 10:17:29 PM

1. I think our main problem is the huge electricity expense induced by mining and its noxious effect on the climate. This is, to my mind, the only serious argument against Bitcoin.
Alleviating the electricity expense should be one of our priorities.
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2 .To make miners agree with that solution, they must be compensated for their lost income. More precisely, active miners must be compensated because they have already bought ASICs. Futures miners do not need to be compensated. Since mining is a competitive industry, future miners will make no profit on average, whatever the reward scheme. To compensate active miners we could decide that the next 2016 blocks yield, say, 100 new coins and then 0 forever. Everybody would win and the Earth above all!
There are probably many other solutions and I wish the community cared a little more about this fundamental issue.

1. Not even close. If you compare bitcoin mining to the electric consumption for the biggest malls in China you will be amazed how puny the numbers behind bitcoin mining are. If you're going to compare the pollution and add naval shipment in the equation you will find out that bitcoin is the LAST of our problems.

2. Involvement in the distribution of the future bitcoins would mean we have yet again come closer to a centralized coin where somebody is taking decisions as he sees fit.

3. What have you done yourself to save the Earth?