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I don't think you can just "kill cryptocurrencies." China tried that and most of the mining happens there now. Plus not all cryptocurrencies waste power the wa
by swiley 6y ago
I don't think you can just "kill cryptocurrencies." China tried that and most of the mining happens there now.
Plus not all cryptocurrencies waste power the way bitcoin does. And before crypto was big there was malware that asked for money via mailed checks and bank transfers (and there are plenty of scams that just call people and ask for money with no software at all.)
In addition banks make an incredible profit laundering money for drug/human trafficking. I'm sure they could be convinced to put that to use doing other things if crypto wasn't there.
- user-the-name 6y agoOf course we can. There just hasn't been much political will to do so yet, because they have been an irrelevant distraction. That is no longer the case now that they are actively making climate change worse, and disrupting business through ransomware.