Re:Mozilla Foundation pausing cryptocurrency donations
by kyleee on Thursday January 06, 2022 @04:27PM
(#29830458)
Ironcially backed by an ungodly amount of violence and emissions
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Re:Mozilla Foundation pausing cryptocurrency donations
by pygy_ on Thursday January 06, 2022 @04:52PM
(#29830793)
That's crypto's weak point. Blockchains are effective as long as gun toting folks let the miners mine.
I'd be surprised if Uncle Sam decided to drop the dollar and lose the influence it provides.
Re:Mozilla Foundation pausing cryptocurrency donations
by phatfish on Thursday January 06, 2022 @05:50PM
(#29831672)
The US will never "drop the dollar" while it continues to exist as a nation. Why would the US government allow a system they don't control to run their economy?
A blockchain based "e-dollar" is certainly possible, but Bitcoin will forever be a hugely wasteful online casino.