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A comment on Bored Ape virtual land sale breaks Ethereum. Parent comment

Re:Bored Ape virtual land sale breaks Ethereum by fartcannon on Monday May 02, 2022 @05:48PM (#31241385)
You can expand and contract the 'stock market' to whatever shape and energy density your argument requires. Does it include all the energy required to keep alive the people who work to sustain it? Does it include investors, the wealth it generates and all the super yachts bought with it? Or on the othet side, is it just the near energy free idea of what the stock market is?
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Re:Bored Ape virtual land sale breaks Ethereum by bduerst on Monday May 02, 2022 @06:02PM (#31241567)
If ethereum ever achieved adoption even close to a fraction of what stock trading has, then you'd have the same problems and overhead.

As it stands, the apples to apples comparison has any centralized, trusted network being more efficient than [attempted] trustless, proof of work like ethereum.

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Re:Bored Ape virtual land sale breaks Ethereum by cuteboy19 on Monday May 02, 2022 @06:20PM (#31241761)
There are already a hundred different crypto exchanges (more than regular ones, possibly)

We do not count the people working on these exchanges as a part of crypto energy cost. So your argument is wrong, actually.

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Re:Bored Ape virtual land sale breaks Ethereum by fartcannon on Monday May 02, 2022 @10:46PM (#31243879)
That's because you don't need the same scale of people to run a cryptocoin. It does it itself, more or less, with some maintainers. You can trade value with anyone anywhere in the world without all those banks and people. So in this case, it's an extremely important point.
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Re:Bored Ape virtual land sale breaks Ethereum by micromacrofoot on Monday May 02, 2022 @06:36PM (#31241988)
etherium solves 0 of those problems so it’s a moot point
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