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>> Instead of talking about these "gas fees" in terms of their monetary value, we should measure them in terms of tons of CO2, or perhaps its equivalent acres-o
by basisword 5y ago
>> Instead of talking about these "gas fees" in terms of their monetary value, we should measure them in terms of tons of CO2, or perhaps its equivalent acres-of-the-Amazon-rainforest-lit-on-fire. I'm 100% serious.
We don’t do it with anything else, so why do it with this? Other than to virtue signal of course.
- tick_tock_tick 5y agoWe do with tons of stuff? Articles have been written about CO2 costs for literally every aspect of life at this point. That being said Proof of Work is a slightly different beast because the consumption of resources is the goal in and of itself. Efficiency gains are antithesis to it as the cost is what keeps the network safe.
- basisword 5y agoYes, but we don’t do it and ignore monetary value. We can and do discuss both.
- aunty_helen 5y agoWhen was the last time you read an article about the CO2 output of the finance industry? I can first hand assure you there are a lot of very expensive CPU cores sitting in datacenters all over the world shuffling money back and forward for fractions of cents on the dollar.
- johnny22 5y agohuh? people talk about it all the time on this very site in the past. ALthough it's usually about how much VISA and mastercard uses, or how much is used by money flowing through the american banks.