Re:The Cryptocurrency Industry Is 'On the Brink of an Implos...
by PunchTornado on Monday October 15, 2018 @04:55PM
(#18223654)
yeah right. I think NSA has a much more evil role in society than bitcoin and other crypto.
Re:The Cryptocurrency Industry Is 'On the Brink of an Implos...
by JAlexoid on Monday October 15, 2018 @07:07PM
(#18224831)
I disagree. Compared to cryptocurrency, NSA has at least done something good.
Cryptocurrency, I mean the stupid push and people wasting energy on it, at best changes nothing... maybe just making Winkelvoss rich, at the expense of other idiots.
Hey! I think Madoff might have done more good things for human kind, than bitcoin mania.
I'm sorry if you lost the money... But I'm not using cryptocurrency in any public space. Considering that cash is still way more anonymous... and US Dollars are fairly widely accepted notes.
Re:The Cryptocurrency Industry Is 'On the Brink of an Implos...
by beager on Monday October 15, 2018 @09:26PM
(#18225668)
I actually agree with you. Cryptocurrency is not inherently "evil" nor does it do anything evil by design. The NSA has many programs and actors that could be construed as evil.
However, that's separate from the point I was making.
The Department of Defense has a much larger purview than propping up the value of currency. Cryptocurrency doesn't fight terrorism (at best, it's agnostic to terrorism, at worst, it aids it). It won't fight back against the next Pearl Harbor or 9/11. And if your reasoning reduces everything about society to the economic output/currency value of that society, it might be time to get some fresh air.
Additionally, regardless of whether the DoD and all governments of all nations spend more energy or warm the planet faster than global cryptocurrency, cryptocurrency is superfluous—the global financial system was working without it, and could work without it again. Everything cryptocurrency "fixes" about the global financial system could be fixed more surgically, and without a system that exerts so much stress on the planet.