Re:Why All Cryptocurrency Should Die in a Fire
by Schroedingersat on Sunday May 15, 2022 @05:16AM
(#31386334)
Notable is that PoW is a way of polluting outrageously whilst transferring wealth to the wealthy, PoS just transfers it more directly without the indirection via physical capital. Neither of them solve any of the issues they propose to solve.
We know that now, but are stuck in a world with cars, we're trying to dig ourselves out of that hole.
We know that crypto[1] uses massive abouts of power when we're struggling to move off fossil fuels. We know that now, at the genesis of the crypto.
[1] the crypto I care/talk about, the power hungry kind.