Why Bitcoin could even be seen as an opportunity for humanity

in CryptoDog3 years ago

Since Bitcoin's de-anonymization and rise in popularity among the general public, concerns about its energy use and environmental impact have arisen. After that, two factions arose: those who saw Bitcoin as the archangel of ecological devastation, and those who, like mining expert Sébastien Gouspillou, ensured that not only would Bitcoin not roast the earth, but that it could even be seen as an opportunity for humanity.

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Bitcoin is a chance for mankind, and it would be a shame to miss out on it because of a few envious people with a clearly obscurantist mindset. It is important,I believe, to respond to people correctly. “When we believe in Bitcoin, we must not be content to be defensive; we must not only ward off threats, but also methodically dismantle fallacious arguments.”

If Laurent Bénichou has done this job, it is for the Bitcoin community first and foremost. “I read a lot of papers about Bitcoin and the world, but I couldn't find a paper that summarised anything. So I wrote Bitcoin, a Gift to the Environment as a vade-mecum, a guide for Bitcoiners to use when they are attacked ideologically, but it is also a text for all those interested in learning more about Bitcoin.”

But the author doesn't only focus on the environment; he also delves into the social and economic aspects of Bitcoin, which he calls a "disruptive breakthrough."

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Laurent Bénichou does not speak with a wooden tongue and does not hesitate to dismantle one by one the stereotypes and pre-chewed claims often echoed by anti-BTCs, many of whom are just beginning to grasp the Bitcoin monster's massive disruption capacity. Bitcoin, like an iceberg, also has some under the pedal that we can only see the tip of. According to Laurent Bénichou's paper,

“We shouldn't just look at what is 'visible' (the high energy usage of mining) and disregard what is invisible while considering Bitcoin's environmental suitability (the frugal monetary system that would reduce the number of projects that are not economically viable). If we did, we'd notice that Bitcoin uses a lot of resources.

The value of Bitcoin is one of the most common misconceptions about Bitcoin and the setting. “The most common value judgement is that Bitcoin consumes much too much energy, completely ignoring its value to its users. It's as illogical as attempting to measure the steel industry's consumption without considering its consumers' interest in the products it makes.

For ideological opponents of Bitcoin, who believe that BTC has no worth, any use of the currency, no matter how small, is bound to be a waste. It is a very clear ideological assumption based on a dislike for distributed systems. The world adores the concepts of state and centralization, all of which enslave rather than liberate people.

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We completely understand the environmental promise of Bitcoin and how it can also become an ally of the cause after reading Laurent Bénichou's paper. “It's time for democracy to reign supreme and Bitcoin to truly come to life.

The truth is that its presence irritates interest groups that want it to be censored. It clashes with their centralised philosophy. But we won't be able to kill him if we can reach him. I am optimistic and believe that, thanks to Bitcoin, a growing number of people are rediscovering what it means to be free. Over the next five years, I assume there will be big countries that will warmly welcome independence in general, and Bitcoin in particular.”


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