Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ProtectOurFreedom

For what it is worth, and, for a moment, taking this at face value, does this not begin to make an argument for some cryptocurrency taxation to cover infrastructure investment and costs to support the transactions?

The “holy grail” of currency exchange will be burdened with unfunded overhead as it becomes main stream?


8 posted on 04/13/2018 9:13:13 AM PDT by Tenacious 1
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Tenacious 1

At first I thought it was preposterous that cryptocurrency could use much power - after all, what could a single transaction cost on your computer/phone and the back-end server. Then I learned every transaction is spread across MILLIONS of servers and the energy consumption is becoming very serious. This cost must somehow be built into the cost of the currency just the way the cost of printing paper currency and minting coins is built into those currencies (except those costs find their way back to us in our taxes).


15 posted on 04/13/2018 11:04:48 AM PDT by ProtectOurFreedom
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson