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That makes sense to me, but I... fully admit to not being enough of a crypto expert to factor that into the post. More than anything, this post was written as

That makes sense to me, but I... fully admit to not being enough of a crypto expert to factor that into the post. More than anything, this post was written as a defense to myself, family, and friends about why crypto is worth digging into deeper even if there's some bad stuff that goes along with it. I wanted something I could link to and say "hey, it's a little more complicated that it seems - if you're interested, you can take a look here".

leshow 5y ago
With respect, I don't feel you've defended anything. Some blockchains may be less wasteful than others, but almost every popular one is very energy intensive and IMO you haven't even talked about the elephant in the room: do they provide value in the first place? You mention some lofty things that would be nice to solve like housing, but there exists no connection between blockchain and those things, and no information on how blockchain would re-organize incentives or even if it is the right tool for the job. I fail to see the defense here.