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How is this a "BS excuse of an argument"? Is proof of work being used?? Hmmm, yes it is. Thus, the argument stands.

• rglullis 4y ago
  > Is proof of work being used? Not for all blockchains. If that is the point of contention in regards to crypto, then just look at the many other blockchains that do not use PoW.
• unity1001 4y ago
  Environmental cost is a BS argument because nobody talks about the environmental cost of the already existing technologies that they are using. Everything we plug into power in our houses comes from the same power sources which the crypto miners also use. They dont come from elsewhere. So there is no difference in between using an electric car and crypto in that regard - you are still using carbon-producing energy. All energy needs to be green. Crypto, EV, gaming, this or that technology or application of technology cannot be targeted specifically.
  • rollcat 4y ago
    > Environmental cost is a BS argument because nobody talks about the environmental cost of the already existing technologies that they are using. Have you been living under a rock for the past several decades? Or is this only a thing in EU? Every single fridge or TV sold has an energy class rating. Apple's new processors are all the rage because of their performance per watt. We use 230v (rather than 110v) AC because it's more efficient over medium-distance power lines. > So there is no difference in between using an electric car and crypto in that regard - you are still using carbon-producing energy. The car uses energy to move mass, it's almost the textbook definition of work in physics. Cryptocurrency is based on proof of waste - you must provide a mathematical proof of pointlessly wasted CPU cycles to conduct transactions. > All energy needs to be green. "All lives matter."