Not much regulators can do about "waste" when utility is subjective

in bitcoin •  7 years ago 

Why should cost matter to regulators? They aren't building the tech, they're just trying to enforce laws and pursue scammers.

Because if it is a net negative it should be outlawed? By social cost I mean mining waste.

Well, mining for gold is a social waste too. Not much regulators can do about "waste" when utility is subjective.
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You are right about gold. They could curtail demand by shutting down exchanges.

You are just pissed that people don't care about BCH and the fact that you have no gains at all from Bitcoin itself. Now you are not acting mature. It is very clear when your bags switches from Bitcoin to BCH and now .... you cry?

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