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Re:Hetzner GEX44 with Nvidia GPU by throw10920 on Wednesday March 06, 2024 @08:50AM (#39615948)
> Mostly just speculators and gambling, but uses a a couple hundred TWh of electricity worldwide.

Parent asked about ethics of crypto, the technology, in general. This comment isn't about the technology, but the applications, and doesn't answer their question.

Re:Hetzner GEX44 with Nvidia GPU by edmundsauto on Wednesday March 06, 2024 @04:35PM (#39621851)
I don't necessarily think we should separate applications from theory, but to be more crisp, I would probably say the facilitation of money laundering and funding of terrorist groups is something unethical.
Re:Hetzner GEX44 with Nvidia GPU by throw10920 on Wednesday March 06, 2024 @08:24PM (#39624025)
> I don't necessarily think we should separate applications from theory

Sure, not in general, but shaism was specifically asking for theory, and you replied to them without actually answering their question. And you still haven't.

> the facilitation of money laundering and funding of terrorist groups

...and this isn't unique to crypto, either, so it's unclear that it's relevant.

Re:Hetzner GEX44 with Nvidia GPU by SEJeff on Friday March 08, 2024 @12:06AM (#39637967)
Would you be shocked to know that US dollars are used more for both money laundering and funding terrorism than cryptocurrencies? Should we outlaw US dollars due to facilitating unethical uses?
Re:Hetzner GEX44 with Nvidia GPU by edmundsauto on Saturday March 09, 2024 @04:21PM (#39654852)
I dont think so because of the centralized oversight. Crypto is designed to avoid that oversight (but even fails at that much of the time).