Stop the conspiracy theory, the Bitcoin Mining Council is a Publicity Stunt to adress environmental concerns

Basically, it's anti-FUD, doesn't support centralisation (because NODES quarantee decentralisation!) and is ultimately no different to some Mining Pool saying they're using green energy. Which is something that should be encouraged to silence the press bullshit and make Bitcoin more appealing to the concerned public. Climate change and green energy usage IS a big deal and if the public thinks it's a dirty coal coin, that's going to hamper adoption massively, like it or not.

The idea that this would cause two different Bitcoins, one that's green and one that isn't and therefore is worth less, is at this point a weird conspiracy theory. There's ways to address that, like making Bitcoin more anonymous and less trackable, which should happen anyway (Taproot already does that, to an extent).

Basically, if there's issues arising in the future, we can rightfully critisize them, but so far this is just good publicity and freaking out over it seems weird.

tl;dr Bitcoin getting centralized because of this is FUD.

Submitted May 25, 2021 at 11:26AM by Maercurial https://ift.tt/3viYhcJ