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A comment on Bitcoin backlash as ‘miners’ stress power grids in Central Washington. Parent comment

Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by mmaunder on Sunday May 27, 2018 @02:12PM (#17168217)
But... but, its math, and new. So it must be cool. Right? Plus when they talk about it they get to say 'crypto' which sounds hackeresque.

Humans are hilarious. Anyone here old enough to remember the dot-com boom with absurd business models, that, when questioned, got the response that you obviously just don't 'get it'.

Proof of energy consuming work as currency is a sure path to environmental catastrophe.

[ Parent | on HN ]
Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by BLKNSLVR on Sunday May 27, 2018 @10:05PM (#17170228)
In regards to the 'cool hysteria' and bandwagon jumping stupidity of humans, classic solutionist mistake being made by the Australian Government: Find a problem that we can solve with Blockchain!

https://www.itnews.com.au/news/turnbull-directed-dta-to-stud...

“Lots of vendors were [also] coming to government and talking about blockchain.”

Not a good way to determine expenditure...

[ Parent | on HN ]