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> An enormous amount of energy used to support a tiny minority of people participating in a highly-manipulated wealth redistribution mechanism is, objectively,
by Ar-Curunir 8y ago
> An enormous amount of energy used to support a tiny minority of people participating in a highly-manipulated wealth redistribution mechanism is, objectively, a complete fucking waste.
You're just describing capitalism there ;)
- orthecreedence 8y agoTo be fair, I feel the same way about the stock market as I do about bitcoin, so yeah some of the sentiment is shared. At least with capitalism, for better or worse, just about everyone participates. That said, I don't think a complex economy can really operate very well without some form of market (at least not until we're at 80%+ automation). And with markets come waste. I guess I'm not saying anything should be done about bitcoin, but rather that I personally believe it's a complete waste of energy when there are already many better alternatives.