News for hackers. Stuff that matters.
Re:GitHub deleted accounts of people who contributed to Torn... by jakelazaroff on Tuesday August 09, 2022 @11:29AM (#32399317)
The whole point of the energy critique is that it's being wasted on something either useless or deleterious. You can argue with that take, but all you're doing with the "but what about dishwashers?!" response is asking them to pass a moral judgment on dishwashers, which isn't relevant to this discussion.

Also, Ethereum has been "soon to be env-friendly PoS" for years now. Let's revisit that if and when it actually happens.

Re:GitHub deleted accounts of people who contributed to Torn... by Andrew_nenakhov on Tuesday August 09, 2022 @02:38PM (#32402069)
Cryptocurrencies are our only counter yet against the abuses of the financial system by the governments. In some countries this abuse is only potential, on others - already very real.

In a country where a dictator can make you starve with a snap of the fingers, cryptocurrencies are vital to survival. So even 10x more energy 'wasted' on such an indespensable service would still be a bargain I'd take.

Re:GitHub deleted accounts of people who contributed to Torn... by 8note on Tuesday August 09, 2022 @09:08PM (#32406767)
Protecting the wealthy from the government isn't exactly a cause many want to fight for. Using the government to reign in the wealthy is much more popular

In a country where a dictator can make you starve with the snap of the finger, what are you going to do, eat your virtual coins from your jail cell? Technology is notably not a solution to social problems

Re:GitHub deleted accounts of people who contributed to Torn... by Andrew_nenakhov on Wednesday August 10, 2022 @12:48AM (#32407951)
Protecting the wealthy? You have no clue about real problems of people resisting the dictatorship. Right now cryptocurrencies are the only reliable and untraceable way for Russian dissidents and underground to fund themselves. The key features are anonymousness and permission lessness, and Bitcoin/Monero can be turned into hard cash quite easily. Oh and it also allows you to receive funds from abroad with zero oversight, avoid paying taxes, etc.

If there will ever be an uprising, it'll be funded with nothing else but cryptocurrency.

So yes, cryptocurrencies are worth every watt of energy they use.

Re:GitHub deleted accounts of people who contributed to Torn... by dogman144 on Tuesday August 09, 2022 @01:07PM (#32400673)
Well the merge has hit test chains so it’s coming for eth main chain.

Yes, you’re correct, the judgement is about what the energy is used for.