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Moral discussion on bitcoin mining's energy consumption - Coggle…
Moral discussion on bitcoin mining's energy consumption
Why should we talk about that in the first place?
Setting up the playing field
Understanding bitcoin
Bitcoin Basics
Origin Story
P2P Digital Cash
Users, Nodes & Miners
Ontological definitions of Bitcoin
Bitcoin Mining
Why it's needed
How it works
How much energy?
What type of energy?
Bitcoin's Features
Bitcoin as money: Premissionless, decentralized, trustless p2p cash for global value transfer, quick and cheap compared to gold with limited supply, Resistance Money
Mining: securing bitcoin's properties, Heaters as money generators, Load balancer of electricity grids, system that financially incentivizes innovation in renewable energy sources just by being bitcoin
Bitcoin's Failures
It didn't replaced the banks yet
UX limitations in accessability
Mining is at risk of pseudo-decentralization
By a culture of tribalism it appears as not for everyone
Pseudonymity fails to deliver Privacy due to KYC regulations
Understanding ethics of energy consumption
Approaches
Comparative / Relative
Comparative / Absolute
Responsibility of future generations
CO2 based
TWH based
Utilitarian
1 more item...
What Approach makes sense
An Approach that works for other innovations as well. Getting the facts straight. Having all on the table. Good and Bad. And then discuss.
Or what reasons can we find that Bitcoin should in fact be treated differently?
Conclude premises we agree on
What we're not gonna talk about.
Bitcoin's Price Predictions. It's not important for the discussion.
What is money?
What we're gonna talk about
Questions
Why should Bitcoin Minng be treated differnetly morally? (see approaches)
Applying ethical perspectives on Bitcoin Minings Energy consumption
Bitcoin Mining does not make sense, if
its purpose is useless
its energy usage steels otherwise needed energy
its energy use is using more energy than necessary (inefficiency)
Its energy sources are not renewable or sustainable
Why should(n't) we treat Bitcoin differently?
It's It's a purposeful energy consumption
General
Freedom
Privacy
Pseudo- Anonymity
Environmental Conservativism
Relation of Mankind and Energy
Mensch, Umwelt und Gesellschaft
How useful should a thing be in order to consume which amount of energy?
Ressources and Energy
Is it good to use ressources at all?
1) Getting them out of the earth. 2) Using them
What's waste. What is philosophy saying about that in genreal?