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Re: [CFRG] Bitcoin delenda est. Was: Escalation: time commitment to fix *production* security bugs for BLS RFC v4?

Michael Sierchio <kudzu@tenebras.com> Mon, 26 April 2021 18:43 UTC

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From: Michael Sierchio <kudzu@tenebras.com>
Date: Mon, 26 Apr 2021 11:42:44 -0700
Message-ID: <CAHu1Y73Hm-2YdFje5EQ1uD8ZmtQvLVqjqZwkLszS8sWkhvBaow@mail.gmail.com>
To: Kyle Rose <krose@krose.org>
Cc: Phillip Hallam-Baker <phill@hallambaker.com>, "cfrg@irtf.org" <cfrg@irtf.org>, "Salz, Rich" <rsalz=40akamai.com@dmarc.ietf.org>
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Subject: Re: [CFRG] Bitcoin delenda est. Was: Escalation: time commitment to fix *production* security bugs for BLS RFC v4?
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On Mon, Apr 26, 2021 at 11:03 AM Kyle Rose <krose@krose.org> wrote:

> On Mon, Apr 26, 2021 at 1:29 PM Phillip Hallam-Baker <
> phill@hallambaker.com> wrote:
>
>> As a human being living on a planet threatened by environmental damage
>> from CO2 emissions, I am strongly opposed to any IETF work to support any
>> form of purported 'cryptocurrency' that relies on any form of 'proof of
>> work' or 'proof of waste'.
>>
>> The electricity requirements of cryptocurrencies have been larger than
>> that of entire countries. This is an experiment that it is time to stop.
>>
>
> This massively overstates the impact of mining.
>
> Total worldwide energy use per year is ~160,000 TWh.[1]
>

The total worldwide consumption of energy in the form of electricity is 40,443
billion kWh / y.  About 1/4 of the total.

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