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That's just an overly simplistic summary of the whole thread. Pinboard isn't angry about artificial scarcity, but how cryptocurrency fails to fulfill its promis
by sedatk 5y ago
That's just an overly simplistic summary of the whole thread. Pinboard isn't angry about artificial scarcity, but how cryptocurrency fails to fulfill its promises: it fails to decentralize, it fails to reach performance levels of existing financial institutions, it wastes huge amounts of energy, and it provides zero value other than being a ransomware enabler. (Disclaimer: I own cryptocurrency)