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To be fair cryptocurrency has subsidized a fair bit of interesting cryptography research, but holy crap could that have been done so much more cheaply by just p
by api 6y ago
To be fair cryptocurrency has subsidized a fair bit of interesting cryptography research, but holy crap could that have been done so much more cheaply by just paying some universities to staff up with cryptographers and giving them some challenges.
You could probably have founded and fully endowed dozens of top tier universities for what we have wasted on this.
Another good thing to look at for perspective: how many startups could we have seeded and venture funded for the money literally burned by cryptocurrency?
Cancer. Pure cancer.
- DonHopkins 6y agoAll that coal burnt to mine Bitcoin literally causes cancer, birth defects, neurological issues, pollution, and global warming, not to mention widespread cult-like stupidity, fraudulent shilling, shady business practices, irresponsible gambling, and other personally and environmentally self-destructive behavior.