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It does seem strange, because while I'm not too familiar with the PoW pro/cons arguments (I heard PoW was more secure than any other method, for now, but haven'
by concinds 5y ago
It does seem strange, because while I'm not too familiar with the PoW pro/cons arguments (I heard PoW was more secure than any other method, for now, but haven't verified that independently), it rubs me the wrong way to classify certain uses of electricity as "illegitimate". Some people prefer taking the plane over the train, should they be vilified? Some people like "driving around" to chill, not because they have a true transportation need. The offices near me are all lit up throughout the night. I wouldn't be surprised if when aggregated on a world level, there was a relatively significant percentage of energy just plain wasted. When AR/VR come out, hoping to replace zero-carbon-emitting IRL social interactions with heavy GPU/server-using gadgets, will people condemn that? I don't like the idea of piecemeal "bean counter" approach to new technology that happens to use energy; if there's zero point to PoW, they have a point, but if there are any security or decentralization benefits at all, it just seems like a non-problem. Treat it as a systemic problem, transition energy-use objects to electricity-use objects (like EVs), build more nuclear reactors, generate more clean-electricity, and have it not be an issue.
- dinobones 5y agoThe "Bitcoin is destroying the world ecosystem and is awful" crowd is way too hysterical for me to take them seriously. They write about Bitcoin like it is a serious evil and injustice in the world. It honestly feels like they're just folks who regret not investing in Bitcoin.