Re:Bye-bye, Bitcoin: It's time to ban cryptocurrencies
by aww_dang on Monday July 26, 2021 @02:41PM
(#27963435)
Think about this in the context of the discussion. Does it follow that we should ban crypto if it doesn't appeal to you? Or should you just not use it personally?
[ Parent
| on HN ]
Re:Bye-bye, Bitcoin: It's time to ban cryptocurrencies
by api on Monday July 26, 2021 @03:06PM
(#27963845)
I'm just responding to the debate about whether cryptocurrency is useful beyond... itself.
For the record I don't believe it should be banned broadly speaking. Banning legal exchanges for proof of work cryptocurrencies is something I might be convinced is a good idea since PoW is a disaster, but I would not support banning non-PoW consensus cryptocurrencies.
Get rid of PoW and a lot of the bad shit about cryptocurrency is gone. Yes you can still buy droogs with it, but most droogs are bought with cash anyway. Cryptocurrency is a small fraction of the droog market.