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Tldr: proof of stake is a climate disaster because it rewards those who already have money, which means those without money will get hurt more by climate change
by ikeboy 6y ago
Tldr: proof of stake is a climate disaster because it rewards those who already have money, which means those without money will get hurt more by climate change.
Yes, this is the actual argument made in the underlying post that this is blogspam for.
>I’m sure you’re seeing the problem here- there is not a schema that doesn’t reward those who already are already wealthy, who are already bought in, who already have excess capital or access to outsized computational power. Almost universally they grant power to the already powerful.
This is also a climate issue.
Climate justice is social justice. This is true in that the worst impacts of climate collapse are felt by those with no means to avoid them, while those with resources easily fuck on off to somewhere where they don’t have to see it.