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I was on board with this guy until: "...before landing at Nori, a company addressing climate change with blockchain where he still works..."
by BrissyCoder 7y ago
I was on board with this guy until:
"...before landing at Nori, a company addressing climate change with blockchain where he still works..."
- 0_gravitas 7y agoIt's like a snippet from an xkcd comic
- chris_wot 7y agoOh man, I thought the same thing! I though to myself "all that electricity needed to maintain the blockchain, and they want to handle climate change?!"
- sneak 7y agoNot all blockchains use a lot of electricity. Electricity can also be generated in large quantities without changing the climate.
- josteink 7y agoIt’s a zero sum game. That electricity could have been used to replace polluting power-sources.
- tasty_freeze 7y agoNo, not if they expressly are finding a renewable source of electricity. Say they have enough rooftop space to install solar panels to cover their needs (don't nitpick that; just say it is true). Yes, this company could have bought the solar panels and then sold their electricity on the market, perhaps displacing some conventional energy source, but that isn't their business. Their business is this crypto market for carbon credits; they have a need for power, they fill that need with a renewable source.
- ramraj07 7y agoJeez, I just googled their name and it's just page after page of blogspam written either by someone in their company or some block chain blog. "oh you mean I can buy carbon credits AND make money?"
- touristtam 7y ago> He also cofounded the since-discontinued Inbox I think that was even more telling, my experience with it was awfully reminiscent of how some social media are ordering their news feed by some biased weight instead of the default chronological order.