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I find this very strange. They complain that an asset is “unregulated”? How would being unregulated concern them, as employees? What if the sustainability criti
by g42gregory 5y ago
I find this very strange. They complain that an asset is “unregulated”? How would being unregulated concern them, as employees? What if the sustainability criticisms turn out to be wrong 5 yrs from now?
- duped 5y agoThat's the diplomatic way of calling NFTs for what they are: a scam
- mminer237 5y agoSome people have morals that make them oppose plans that they view as likely to economically harm many people. Unregulated, speculative investments like this are a zero-sum game and are going to lead to a lot of people losing their life savings on foolish investments and scams. NFTs waste power right now. If 5 years from now they switch to PoS like Ethereum has been unsuccessfully trying to do for over a decade, then great—you can discuss it then, but it's a clear net negative for humanity at the moment.
- aaaaaaaaata 5y ago> Ethereum has been unsuccessfully trying to do for over a decade Won't waste my time with the back and forth, just letting the reader know this is flagrantly false, to the point it damages the argument.
- doopy1 5y agoLMAO, Ethereum is only ~7 years old.
- mminer237 5y agoMy bad, I was rounding from memory. It looks like they've been trying to move since late 2015, so more like 6 years: https://stackoverflow.com/questions/33802343/when-will-ethereum-switch-to-proof-of-stake https://stackoverflow.com/questions/33802343/when-will-ether...