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Vegan, environmentalist, "cryptoboi" here (no, I don't do crossfit unfortunately). I don't hold any BTC, I constantly tell people it's not worth the cost. Even
by pcthrowaway 5y ago
Vegan, environmentalist, "cryptoboi" here (no, I don't do crossfit unfortunately). I don't hold any BTC, I constantly tell people it's not worth the cost. Even though it feels like yelling at a brick wall much of the time, there are a lot of people involved in crypto who feel the same way, and exclusively use blockchains that are proof of stake (an entire proof of stake network might consume roughly as much energy as an average U.S. household)
So yes, many people in crypto have switched, and I'm in favour of an outright global ban on PoW mining (though El Salvador might be hard to get on board). Bitcoin is still number 1 by market cap but I suspect Ethereum will flip it soon, perhaps this year as they move to proof of stake, and (hopefully) more countries ban mining.
- rfd4sgmk8u 5y agoIts not too late to sell your shitcoins and buy Bitcoin. Everything else is going to zero!
- pcthrowaway 5y agoSee, I don't even know if this is a satirical response or not, but if serious, this is exactly the type of comment I'm talking about. Let's ignore the fact that the world is burning, and pile onto an energy-thirsty blockchain that accounts for (perhaps now a little under) 0.5% of global energy consumption, because hey, if we're lucky, maybe that'll become 1% of energy consumption. There are so many problems with this. And yet, bitcoin maxis will continue to handwave and gaslight with arguments of the energy coming from 'green' sources (as if that energy couldn't be used for more productive things).
- timeon 5y ago> perhaps this year as they move to proof of stake But will they move?