It may not completely but it may go away enough to offset it. Not right now, but maybe in 20 years. Hell look at the movement away from cash in some countries. You know how much money I keep in my wallet? None. I can tap my bank card on the side of vending machines now to get my coke. None the less the debate we're having right now was identical to the one from back 30 years ago how the credit card would never displace cash, and if they cared about it back then someone would have complained about the carbon footprint too.
What won't be seen? The $20bn? Well that's not the company's fault now is it? That money has already left the business. It's in an escrow fund managed by a third party. That was neatly reflected on their balance sheet.
If it won't be seen maybe you should be attacking the idiots managing that fund then.
Tell me what paying a PR company to manage a disaster has to do with business as usual again?
While you're at it tell me what any of this has to do with losing a laptop?
Lol at the troll comment. Maybe you should look up the meaning of the word. Pointing out a few things in the company's balance sheet as a rebuttal to the ludicrous notion that a company which nearly ceased to be was performing "business as usual".
You sir have made me laugh.
No I'm arguing to correct your miss-conception that somehow dollars a magically green while bitcoin is the source of all pollution.
The reality is that a modern economy is underpinned by a stupid amount of computing infrastructure. All the bitcoin mining going on in the world and happily keeping the currency running is a small pittance compared to the computing power required to keep the banks operating. Or do you think you can compare giving someone cold hard cash to whisking a bitcoin all the way around the world?
I think you're polluting just as much if not more by supporting the banking infrastructure.
But hey if the green credentials of bitcoin is the only remaining hurdle to convince people of I guess we finally have a mature cryptocurrency then.
Yep now all we need to do is put the sun into a facility where we can harness that incredible energy without spending a metric shitton of money and using up a phenomenal amount of realestate for a minor percentage of efficient energy conversion.
BP has spent in excess of $20bn to aid cleanup, their executive team got axed, their share price is valued below the sum total value of the company's assets and they are still in the process of one lawsuit after another.
Sure sounds like business as usual to me.
I tried that. No end of frustrations. It's supposedly the easiest interface in the world but she simply couldn't figure it out. When dad got his Nexus 7 she stopped playing with her iPad.
My advice to the ask slashdot poster is find someone willing to give up their tablet for a few days as a trial before you commit to something.
Ahhh both worth is not a fixed term.
You can compare that to real money as well. It costs more to create a nickel then what it's worth. The problem is that the nickel is unique in a group of denominations made of other materials with different value so it hasn't affected the currency.
What a more practical example? Let's mine gold.
It costs money and energy to get the gold out of the ground. The end result is that the price of gold will trend in the long run at a value higher than the cost of digging it out of the ground. The same applies to bitcoin. The cost of electricity will anchor the value to ensure mining remains viable in the longrun due to the economic inputs into the system. If electricity goes up, the cost of mining goes up, then either the value of bitcoin goes up or it collapses as a usable currency. I don't see the problem with paying the electricity company in bitcoins. Just like a gold miner gets up in the morning and gets some bread to get a feed. Without the bread he couldn't mine gold, yet with the gold he can pay for the bread. What is the problem?
The problem with your tree analogy is that you forget the other inputs into the system. In one case you're right but just like any project including growing a tree there's a payback period. Sure you'd buy a $500 tree now if you'd instantly get $1000 of value out of it, but what happens if you need to grow that tree, or if the value trickles out slowly? Know why I don't mine bitcoins? Because to break even on my electricity bill I'd need to do ASIC mining and I don't want to spend the money to buy a dedicated miner if by the time I pay it off (2 years or so by last count) the currency may in the meantime collapse. This is also the reason I don't mine gold, I can't afford a decent dragline.
Mining you say? Like actual mining which brings minerals out of the ground and thus gives a currency an economic anchor in value? I think you'll find it's more environmentally friendly to mine bitcoins.
The whole concept of mining helps enforce the scarcity of the currency. The fact electricity costs real money is one of the economic underpinnings of the currency.
For the amount of power it's using you can run an entry level computer with a decent GPU doing some bitcoin mining.
I don't think a few fancy features is the problem here.
No they don't. They require periodic health management. Interestingly enough it's something simple enough to do with a microcontroller, or a tiny single chip solution, both of which draw just a few mA. Even if it were doing continuous monitoring, what is continuous to you? 1 billion times per second? Once per second? A microcontroller waking up once per second can draw in the order of a few microamps. The key is sleeping between readings.
By the way I have a full blown computer here which running flat out uses less than 9W of power. It's industry hardened and has all the bells and whistles.
Maybe Tesla should buy a few of those instead.
What baffles me is why people would install an app named "Brightest Flashlight Free" (name sounds like a moron-magnet)
Because the open source ones aren't as bright. dur.
Not just Google's.
The entire free app ecosystem depends on the sharing of information. If the information is fake the value of it goes down. Bye bye free app.
Somehow I don't have too much of a problem with sharing a bit of info in exchange for something useful.
On the upside in this case slashdot was only 0.000000000001% slower than every other news outlet. Surely this is a new speed record.