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A comment on Cryptocurrencies’ Carbon Footprint Underestimated. Parent comment

Re:Cryptocurrencies’ Carbon Footprint Underestimated by pessimizer on Tuesday October 05, 2021 @06:05PM (#28766289)
> What confuses me is that people in democratic countries are calling a tool of democracy "anti-democratic". It's completely illogical.

It depends on whether the word "democracy" has any meaning. In a democracy, we get to vote on how economic activity is regulated. Crypto is a tool to avoid democracy.

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Re:Cryptocurrencies’ Carbon Footprint Underestimated by chroem- on Tuesday October 05, 2021 @06:21PM (#28766468)
> In a democracy, we get to vote on how economic activity is regulated. Crypto is a tool to avoid democracy.

Do you consider the Democratic People's Republic of Korea to be a democracy? The people in that country vote overwhelmingly in favor of authoritarian policies there. I believe it's reasonable to argue that true democracy is incompatible with authoritarianism.

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