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> invariably brought to you by someone holding a proof-of-stake bag.

asplake 6y ago
Who are you quoting? Not the article as far as I can tell
mjlawson 6y ago
That's my take here as well. It's hard to take this seriously and I refuse to back this when it's posted anonymously, although I agree with the sentiment behind it.
- raclage 6y ago
  Is this really the type of thing where an anonymous author can't have any credibility? It's an analysis of bitcoin and its energy use not a claim about personal experience.
Deukhoofd 6y ago
Weak ad hominem. Attack the argument, not imaginary attributes of the author.
stopBurncoins 6y ago
That'd be me. Yep, a total of < 1$, on an single, unknown and not even traded, but old coin (which I won't even mention) that is not going anywhere. Basically for fun.
bfgoodrich 6y ago
Why do you think BTC and ETH are still PoW? Because the major people making bank on proof of work refuse to allow a transition.
JeremyBanks 6y ago
"How dare they put their money where their mouth is?!" "How dare they invest in what they think is a less harmful alternative?!" "How dare they question our ponzi scheme!?"
egypturnash 6y ago
Heavens forbid that anyone who doesn't own cryptocurrency should have a studied opinion about it and its massive reliance on Proof-Of-Converting-Absurd-Amounts-Of-Power-Into-Waste-Heat. Heavens forbid that anyone who does own cryptocurrency and have concerns about said massive reliance on PoCAAoPIWH should put their money where their mouth is regarding those concerns. An absolute scandal.
- fastball 6y ago
  Then put your name where your mouth is instead of hiding behind anonymity. Hardly a necessity in this case.
  - majewsky 6y ago
    Just because I don't want to participate in your Ponzi scheme doesn't mean I cannot point out how idiotic it is.
    - fastball 6y ago
      My ponzi scheme? Clearly this person does want to participate in the "ponzi scheme", they just want people to ignore the PoW schemes they're not holding a bag for and instead participate in the PoS schemes which they are.

Who are you quoting? Not the article as far as I can tell

That's my take here as well. It's hard to take this seriously and I refuse to back this when it's posted anonymously, although I agree with the sentiment behind it.

raclage 6y ago
Is this really the type of thing where an anonymous author can't have any credibility? It's an analysis of bitcoin and its energy use not a claim about personal experience.

Deukhoofd 6y ago

Weak ad hominem. Attack the argument, not imaginary attributes of the author.

stopBurncoins 6y ago

That'd be me. Yep, a total of < 1$, on an single, unknown and not even traded, but old coin (which I won't even mention) that is not going anywhere. Basically for fun.

bfgoodrich 6y ago

Why do you think BTC and ETH are still PoW? Because the major people making bank on proof of work refuse to allow a transition.

JeremyBanks 6y ago

"How dare they put their money where their mouth is?!" "How dare they invest in what they think is a less harmful alternative?!" "How dare they question our ponzi scheme!?"

egypturnash 6y ago

Heavens forbid that anyone who doesn't own cryptocurrency should have a studied opinion about it and its massive reliance on Proof-Of-Converting-Absurd-Amounts-Of-Power-Into-Waste-Heat. Heavens forbid that anyone who does own cryptocurrency and have concerns about said massive reliance on PoCAAoPIWH should put their money where their mouth is regarding those concerns. An absolute scandal.

fastball 6y ago
Then put your name where your mouth is instead of hiding behind anonymity. Hardly a necessity in this case.
- majewsky 6y ago
  Just because I don't want to participate in your Ponzi scheme doesn't mean I cannot point out how idiotic it is.
  - fastball 6y ago
    My ponzi scheme? Clearly this person does want to participate in the "ponzi scheme", they just want people to ignore the PoW schemes they're not holding a bag for and instead participate in the PoS schemes which they are.