I got control of my spending with some no-code services and 100 lines of Python

Re:I got control of my spending with some no-code services a... by easymodex on Sunday May 05, 2019 @05:45PM (#19835287)

I have been in a similar situation and to me it's one of the main reasons why we need cryptocurrencies.

[ Parent | on HN ]

Re:I got control of my spending with some no-code services a... by majewsky on Sunday May 05, 2019 @06:40PM (#19835531)

Not at all. The Single European Payment Area solves these issues without wasting a gargantuan amount of energy.

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Re:I got control of my spending with some no-code services a... by easymodex on Sunday May 05, 2019 @08:08PM (#19835884)

Isn't all the infrastructure, people employed, offices and everything needed to support something also a waste of energy if it can be replaced by some lines of code? Also with your energy wasting straw man remark i assume you are talking specifically about bitcoin which is just one of many cryptocurrencies and a lot of them aren't based on proof of work.

[ Parent | on HN ]

Re:I got control of my spending with some no-code services a... by majewsky on Monday May 06, 2019 @05:07AM (#19837858)

Sure, there is a lot of energy expended for the traditional banking infrastructure. It also serves multiple magnitudes more transactions than any cryptocurrency.

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Re:I got control of my spending with some no-code services a... by jedberg on Sunday May 05, 2019 @06:00PM (#19835352)

Cryptocurrencies don't solve this problem, but they do lack the regulations and baggage that cause it.

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Re:I got control of my spending with some no-code services a... by dnadler on Sunday May 05, 2019 @08:45PM (#19836043)

I'll take my government insured bank account over cryptocurrency any day of the week.

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