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One can be both positive about the benefit that this move brings, yet deeply negative about the overall value of crypto.
by robin_reala 4y ago
One can be both positive about the benefit that this move brings, yet deeply negative about the overall value of crypto.
- zionic 4y agoPerhaps that nuance is achievable, but I have seen none of that here. That said, I fundamentally disagree that crypto is "overall negative", and with the move to PoS the largest negative aspect of crytpo (the environmental cost of PoW) goes away.
- Sephr 4y agoThis merge doesn't make the environmental cost go away. It props up past environmental harms on a pedistal.
- joe-collins 4y agoThis is absolutely where I stand. Hurrah, Ethereum's cost on humanity and the environment is dropping drastically! Unfortunately, it still has a measurable (if no longer grotesque) cost with extremely dubious benefit.
- colordrops 4y agoAnd what is that cost if not environmental?
- presentation 4y agoProbably crime and wasted human potential
- extragood 4y agoIt should be rebranded as crypto speculative investment given how infrequently it's actually used as currency.