News for hackers. Stuff that matters.

A comment on Ethereum will use around 99.95% less energy post merge. Parent comment

Re:Ethereum will use around 99.95% less energy post merge by Nursie on Tuesday May 18, 2021 @11:56AM (#27196403)
But in the mean time the value is likely to have tanked, because if they can't trivially be traded for national currency, the interest in them will wither.
[ Parent | on HN ]
Re:Ethereum will use around 99.95% less energy post merge by dimmke on Tuesday May 18, 2021 @12:07PM (#27196641)
This is the thing that has always bugged me about cryptocurrency - people are only passionate about it because they want to make more traditional currency with it. Then they adopt this "decentralized" rhetoric. It's always felt hollow. If owning/trading bitcoin became a crime, it'd be done.

Ever since Dogecoin had a moment, there's now a million coins trying to engineer their own "moonshot".

This is on top of the security issues and of course the energy issues. Cryptocurrency is garbage.

[ Parent | on HN ]