News for hackers. Stuff that matters.
Re:Decentralized Woo Hoo by kcabdelta on Tuesday November 16, 2021 @11:33AM (#29242523)
@delaaxe: "Their goal is to become planetary infrastructure for the global economy."

Seeing as this "planetary infrastructure" will consume more energy than it produces. A better description would be "planetary snakeoil". The economic equivalent of a perpetual motion machine.

Re:Decentralized Woo Hoo by cableshaft on Tuesday November 16, 2021 @12:02PM (#29243022)
I don't know what point you're trying to make here. Tons of things consume more energy than they produce. Humans for one. I don't even know what 'energy' you're thinking crypto produces here, or that dollars produce in comparison (The only electricity I've seen dollars generate is static electricity). I'm guessing you're being metaphoric here, but your comment is too vague to be useful.