Three Arrows Capital has defaulted on a loan worth more than $670M

Re:Three Arrows Capital has defaulted on a loan worth more t... by rngname22 on Monday June 27, 2022 @12:27PM (#31896888)

Maybe because crypto is burning enormous amounts of fossil fuels at a time when humans are literally destroying the biosphere and for 90% of people involved their motivation is speculation and greed (get rich) not technology or real world applications.

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Re:Three Arrows Capital has defaulted on a loan worth more t... by antiverse on Monday June 27, 2022 @12:30PM (#31896929)

So you finally got to the root of human nature, you're clearly disappointed, and this is your response?

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Re:Three Arrows Capital has defaulted on a loan worth more t... by jpambrun on Monday June 27, 2022 @12:41PM (#31897104)

Being happy at the prospect of reduced energy consumption is a reasonable and appropriate response.

That greedy people took a high risk investment in something purely speculative and lost money is inconsequential..

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