Local store/Canadian chain updates its policies:
https://www.memoryexpress.com/Information/ReturnsWarrantyUpdate.cm.aspx
Nice. It needs to be more widespread.
That would be an order of magnitude harder than banning pirates from bittorrent.
In theory, sure, but make it a felony and threaten sanctions to anyone converting it into dollars (put that into whatever beast comes to replace TTIP), and you’ve done most of the work.
Crypto =/= Bitcoin and Chia.
These statements really just show how shallow your understanding of ‘crypto’ really is, it isn’t a monolithic entity. I encourage you both to look into (very large) cryptocurrencies such as Algorand, Stellar, Ripple, Vechain, Cardano, etc… You’ll see the environmental impact from using their blockchains are less than paying for something with cash or a credit card (I can’t verify this for all of the chains I listed, but at the very least none of them would be meaningfully worse than a credit card).
Many of us lead busy lives, everyone has blind spots and can’t be on top of everything at all times, I get it. It’s what people do when confronted with new information that matters.
that’s definitely enough mansplaining energy to have its own cryptocurrency, I’ll grant you that. :D
Boy mister, are you going to cryptosplain my throwaway and not at all serious comment about my disdain for the excesses of Bitcoin? I can hardly wait.
I’d certainly love to hear how the 110TWH Bitcoin consumes are not at all wasteful. Clearly Bitcoin using as much electricity as Sweden is clearly just fine.
And I certainly accept without skepticism the claim that other crypto currencies use less energy than a credit card. Because there is no possible way they are juicing such a number by splitting the energy consumed mining versus transactions to paint an overly rosy picture.
TLDR:
The fact you say ‘mining’ when all the ones I listed (and many more) don’t use mining at all says it all really. No GPUs, hard drives, or any of the parts you want to use for much more productive purposes.
Anyway, don’t mind me, go back to hating things you don’t understand.
Excuse me, you’re manterrupting our conversation here!
I hate how cryptocurrency is abbreviated as crypto when that should refer to cryptography.
Wouldn’t have much effect. Most bitcoin miners are in China. Bitcoin users are most likely to be found in Russia, Venezuela, and Ukraine.
If someone converted some bitcoin into dollars, how would identify them? Or even the country where they lived? The whole point of cryptocurrency is anonymity.
Making bitcoin ‘illegal’ would probably involve banning exchanges that operate within your jurisdiction from offering bitcoin. It would never stop bitcoin from being traded/circulated, but it would crash the price at least 80-90% as all institutional and most retail investors sell all their assets from the currently legitimate exchanges. With a much lower price, mining in Russia/China would become much less profitable and I imagine most would shut down.
Personally, I think the way to kill off bitcoin is to offer tax incentives for capital gains on carbon neutral (or near neutral) cryptocurrencies, or flip side of the coin charge a tax on all crypto transactions on exchanges based on the carbon emissions that a transaction on that blockchain generates (which would punish bitcoin trades significantly, much less so litecoin/dogecoin, and near zero most of the proof-of-stake coins).
#PreserveCryptoForCryptozoology
You should start an online petition.
It would if you want an actual currency…
… they have a big site on the internet announcing it, don’t trade the country swap dollars if it doesn’t shut down, same as gambling sites and “socialist” states. Even without full compliance, the fall would shut it down. Bully Europe about about Euro convertibility, to be sure. The US has done worse for less.
First off, there are plenty of countries that wouldn’t lift a finger to help the US stop Bitcoin, including two of the biggest Bitcoin users: Russia and China. And the US isn’t going to deprive China of dollars for multiple reasons including (1) we owe them dollars, and (2) Americans really like using dollars to buy Chinese goods.
But more importantly, pressuring government authorities is futile. You want to shut down websites? Bitcoin doesn’t even need a website to work.
If you want to buy $10 of Bitcoin from me, all you need to do is tell me your Bitcoin ID and then Paypal/Venmo me $10. I broadcast the transaction directly to any active miners in China/Russia/Ukraine/Kenya, and we’re done. All the miners know is our Bitcoin IDs, which are never linked to our names or location.
For all its wastefulness, Bitcoin does succeed in providing anonymous transfers that are nearly impossible for authorities to intercept.
The problem with the NFT market is that they ran out of stupid people.
China already banned trading for currency, though. You might’ve seen the price effect of that.
Which doesn’t scale, and is a magnet for fraud. For the former, Paypal already freezes your account if your pattern changes, which you wouldn’t be able to unfreeze, and they’s certainly not going to help you with the later if it’s an illegal transaction. If all you’re going to do is small transactions here and there, the value crashes. And they have to be small, because the IRS wants to know where the income comes from.
And, again, the blockchain transactions are public by design. The individual exchanges to other stuff may be anonymous, but if there aren’t large exchange centers, that can and would have everything tracked, congratulations, you just have a thing that you can slowly trickle in and out to pay your bills and a lot of effort and risk of getting defrauded.
That’s fair. I looked into some of them and the environmental impact seems better so that’s a plus. Thank you for sharing that.