RE: RE: Hive Subsidized Debt
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RE: Hive Subsidized Debt

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The benefits of a library are a better educated population that can solve more complex problems and generate even greater GDP. Libraries are amazing investments for a region and a community, but terrible short-term profit-generators.

This is a very good example of a proper usage of subsidies.

The question then becomes, how do we pay for such a thing?
Gov demands tax dollars... why? Because they don't control the money.
Hive would just print the money through the DHF and build the library.
One of these solutions has a future within permissionless systems, and one does not.

but it is pretty sickening when Bitcoin miners find that restarting old coal plants is the most profitable way to power their servers. I hate all of that.

That's a very "don't throw the baby out with the bathwater" issue.
The propaganda says we need to throw the baby out.
They're liars.
No surprises there.

What many do not seem to understand is that the main byproduct of mining is heat.
We should be focusing on repurposing the heat in a useful way.
This eliminates 95% of the electrical 'waste' of Bitcoin mining.
Theoretically it also creates decentralization (like if we heat homes with it).