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Moonbats Screech That Bitcoin Is a Menace to the Climate

Thursday, December 7, 2017 16:25
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(Before It's News)

Bitcoin seemed like a good idea at first. But the concept is too decentralized and nongovernmental to appeal to moonbats. Consequently, it has been found to cause global warming. From the environazis at Grist:

If you’re like me, you’ve probably been ignoring the bitcoin phenomenon for years — because it seemed too complex, far-fetched, or maybe even too libertarian. But if you have any interest in a future where the world moves beyond fossil fuels, you and I should both start paying attention now.

Computers must solve math problems to create more bitcoin. Computers use energy. Anything that uses energy is bad because generating energy makes if be too hot out, according to liberal dogma.

It turns out that Bitcoin is responsible for the inability of socialists to keep the lights on in oil-rich Chavismoland:

In Venezuela, where rampant hyperinflation and subsidized electricity has led to a boom in bitcoin mining, rogue operations are now occasionally causing blackouts across the country.

No more sniggering, here comes doom:

In just a few months from now, at bitcoin’s current growth rate, the electricity demanded by the cryptocurrency network will start to outstrip what’s available, requiring new energy-generating plants. And with the climate conscious racing to replace fossil fuel-base plants with renewable energy sources, new stress on the grid means more facilities using dirty technologies. By July 2019, the bitcoin network will require more electricity than the entire United States currently uses. By February 2020, it will use as much electricity as the entire world does today.

Generating this electricity will make it be too hot out, causing the seas to rise and polar bears to get miserably sweaty.

The New Republic and Vox have also been screeching about the menace Bitcoin poses to the climate. For whatever reason, they sure feel threatened.

On tips from KirklesWorth and Lyle. Hat tips: Right Wing News, Daily Caller.



Source: http://moonbattery.com/?p=90399

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