A better response would have been to come up with a different definition of what you understand by useful work. A better response would have been to turn my own definition around by saying that bitcoin also brings people happiness. A better response would have been to say nothing and down vote.

Calling me a fucking moron without anything at all to add, after I took the time to reply to your 1 word comment (or to someone else's comment? I'm not clear if you're mr_woozy as well or not; I'm not leto_ii) then I have nothing else to add.

Oh, and accusing me of spewing inane generalities when the real value of art and entertainment has been called into question and vindicated throughout all of economic theory is quite rich.

>Oh, and accusing me of spewing inane generalities when the real value of art and entertainment has been called into question and vindicated throughout all of economic theory is quite rich.

This is completely circular login, if you're valuing those things as purely economic goods then you're ascribing a monetary value to them, which you could just as easily to bitcoin mining, startups and associated industries.

>and all that truly matters is the happiness of people.

This is the laziest argument I've seen on how to measure relevant value, I mean if I'm a murdered them murdering people is going to make me happy, so what does this argument even mean?

If thousands of people derive meaning and enjoyment out of a movie or a book, without the production of said movie or book killing anyone, it is quite obviously a much greater good than a single person committing murder for their own enjoyment.