A Quote by Glenn Kelman
I am not excited about Bitcoin. I think it's an outrage that, in an era of global warming, there are racks of servers next to the Columbia River. I wish I could explain to the salmon that we've created a dam generating hydroelectric power so that we can generate a fake currency.
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We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail.
This Bitcoin currency is a voluntary decentralized currency, anonymous. It can't be shut down by anyone; there are no central servers.
Nuclear power as a solution to global warming is theoretically possible, but the proliferation problems and accident risks it would create would, I think, be intolerable because you have to build an immense number of nuclear power plants, one large plant a week around the world for the next 40 years, to make a significant dent in the global warming problem.
Bitcoin is a currency, bitcoin is a network, bitcoin is a technology and you can't separate these things. A consensus network that bases its value on the currency does not work without the currency.
I wish we could grow up about it, I'm sure we are contributing to global warming, and we must do all we can to reduce that, but our climate has always changed. The Romans had vineyards in Yorkshire. We're all on this bandwagon of 'Ban the 4x4 in Fulham'. Why didn't we have global warming during the Industrial Revolution? In those days you couldn't have seen across the street for all the carbon emissions and the crap coming out of the chimneys.
Bitcoin is not a currency for a government; it is a global currency for the people.
Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with the Internet, more applications will flourish which will make the bitcoin network, and thus bitcoin as a currency, valuable.
It's millions of times more efficient to collect hydroelectric power through a dam than raindrop by raindrop.
The only basis for even talking about global warming is the predictions spewed out by computer models. The only quote/unquote "evidence" of global warming is what models are predicting the climate and the weather will be in the next 50 to 100 years. Now, what those models spit out is only as good as the data that's put in, and it's an absolute joke. In terms of science, it's a total joke. There is no warming, global or otherwise!
I am not at all convinced that human emissions of CO2 are adding to global warming.... I remain to be convinced about the theory of anthropogenic global warming.
I think global warming is the gravest threat. With global warming, it's the product of a war between old energy - between the carbon cronies, who, by the way, could not stay in business in a true free market capitalism.
Bitcoin is mostly about anonymous transactions, and I don't think over time that's a good way to go. I'm a huge believe in digital currency... but doing it on an anonymous basis I think that leads to some abuses, so I'm not involved in Bitcoin.
I'm not against international institutions that would try to tackle global warming. But the way to go, at least in the short run, is to go to nuclear power. It's amazing to me that people who are so alarmed about global warming are so reluctant to adopt the obvious short-term solution - the bridge until the day when we have affordable renewable energy - of nuclear power.
Don't kid yourself. Global warming is no joke. Here's how serious global warming has gotten to be in the United States. In this country global warming is so bad, we are now actually starting to warm up to Barry Bonds.
There are so many problems in the E.U. that several countries are warming up to the idea that after the single currency, a deeper integration could also be created.
I was very excited about a currency that was not controlled by a central government, that could be a free market currency. That was all the incentive I needed to dedicate my life to it.
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