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Bitcoin and the angry dad

 
pioneer
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Location: New Jersey, USA
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I found this forum through ‘“Build a better world” which caught my eye because of the byline - “Instead of being angry at the bad guys”. I’ve spent at least two decades being angry at the bad guys and now well on the road to recovery. However, every now and then the ‘angry dad’ resurfaces. When the daily-ish email landed in my inbox it included ‘more bitcoin’. The angry dad started to resurface . . . I get that we still have bills to pay and this site is free to us and has running costs etc. But bitcoin . . . How can bitcoin with his colossal carbon footprint ever be right? How is this any different to putting gas in a car driving hundreds of miles to protest about a gas line . . . The example given in the book?

Now this is a place for gentlefolk and not the angry dad. I’ve only been around for a few weeks and this is the first time the angry dad has raised his head, here. One of my strategies is to get it off my chest and then get on with my day. So that’s the main reason for my post and I’ll now head off to the woods and think happy thoughts. Peace, out.
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The Angry Dad
The Angry Dad
 
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Hi Edward.

We all get that from time to time. I feel that while bitcoin mined using renewables is better than otherwise, it's still a misuse of energy.

The anger is one problem. I try to do productive things with regards to the subject matter that's upsetting me. If I don't, it either rules me, and I externalise it onto people that don't deserve it, or I internalise it, and it builds into anxiety attacks.

Bitcoin is another problem. I have figured out a solution that would actually help the earth that uses the cryptocurrency model, but I have no outlet for it. It's a bit complex, yet simple, so here it goes.

Mine cryptocurrency using swarms of solar-powered satellites intercepting some of the sun's energy at the intervening lagrange point in the Sun-Earth system.

The only thing that's cheap right now to safely transport from the earth to orbit and back again is information. We do it every day, multiple times a day; our civilisations depend upon it.

SpaceX is launching multiple satellites per rocket launch to deploy Elon's Starlink project. The technology is there to launch satellite swarms.

The I.S.S. has what they refer to as R.O.S.A., or Roll-Out Solar Array, which is proof-of-concept that deployable solar panels can function correctly. I would be more comfortable with something origami-based, that looked like a lotus or chrysanthemum or something, but I suppose rolls will do.

So the swarm would harvest energy to maintain synchrony, to block out enough solar energy from the earth to do the job of cooling it, and would mine cryptocurrency to pay for itself. It wouldn't even add heat to the atmosphere because everything would be taking place in space.

Earth gets a solar heat shield that pays for itself and starts funding industry in space. Who can say how well a cryptocurrency that literally staves off the planet's roasting and whose long-term operational costs would include an occasional replenishment of satellites within the swarm could perform?

Sounds to me like a better option than wasting valuable energy here on the planet to crunch numbers, with exhaust heat as the byproduct.

-CK
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