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Why are there so many articles attacking crypto across the web as of late?
by douglaswlance 6y ago
Why are there so many articles attacking crypto across the web as of late?
- glial 6y agoPossibly because so far crypto is a net drain on society?
- tziki 6y agoAttack on bitcoin != attack on crypto. Gridcoin suffers much less from this problem since the computations are actually useful and would likely be done anyway.
- Bluestein 6y agoThey are on the rise, true that.- (I am hoping they lead to intelligent debate, and - thus - improvement of existing systems ...)
- matsemann 6y agoBecause it's worth scrutinizing?
- karpour 6y agoBecause people finally realize the massive impact on the environment that Bitcoin has? You can say "f** it, I don't care", but you can't deny just how much energy the Bitcoin network uses (or wastes, imho) Bitcoin and other proof-of-work crypto comes with a price. And the price is environmental.
- douglaswlance 6y agoNot all usage of energy is equivalent. It requires energy to run carbon scrubbers, yet we would probably agree that carbon scrubbers are worth the energy costs for environmental benefits. Can you prove that the energy bitcoin miners use would have been put to a more environmentally friendly use if they had not existed?
- karpour 6y agoThe energy used by bitcoin would simply have been not-used. Massive numbers of e-waste would've been avoided as well. Of course, if it wasn't Bitcoin, another cryptocurrency would use as much energy as Sweden right now.
- douglaswlance 6y agoIf we don't use energy that is produced, then it is wasted. We don't have a reliable method of mass energy storage.