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At the moment, you are free to do so, but everyone else is free to think you're a giant pile of cow dung for doing it, and screwing over the planet in the proce

by JustLurking2022 4y ago

At the moment, you are free to do so, but everyone else is free to think you're a giant pile of cow dung for doing it, and screwing over the planet in the process. Hopefully, the commons will strike bank by cracking down hard on crypto to effectively wipe out any profits and deter future schemes that emerge faster than regulators can stay on top of them.

Liquix 4y ago
BTC being portrayed as "bad for the environment" is just as ridiculous as trying to guilt people into buying meat alternatives or electric cars because their way of life is "bad for the environment". Almost 90% of the world's pollution comes from unregulated factories in China spewing literal tons of waste into the air and water - Nike, Apple, BMW, Adidas, etc factories [0]. If these companies were forced to care about the environment or move manufacturing back into their home countries, the "environmental crisis" would be solved overnight. But this can't happen because the companies will make less money - so instead they shift the blame onto the consumer: BTC is bad, plastic straws are bad, think about your "carbon footprint" (a term invented by big oil thinktanks to shift blame back onto their customers [1]). Nothing that private citizens do has any impact whatsoever on the environment when compared to the actions of these corporations. Only difference is they have billions of dollars to spend convincing you it's your fault. [0] https://www.weforum.org/agenda/2018/06/90-of-plastic-polluting-our-oceans-comes-from-just-10-rivers/ https://www.weforum.org/agenda/2018/06/90-of-plastic-polluti... [1] https://www.theguardian.com/commentisfree/2021/aug/23/big-oil-coined-carbon-footprints-to-blame-us-for-their-greed-keep-them-on-the-hook https://www.theguardian.com/commentisfree/2021/aug/23/big-oi...
- uni_rule 4y ago
  We get that you're playing cookie clicker with real life money / thousands of dollars of computer hardware but you don't need to act like you're doing the world a service with it. It's inherently wasteful because proof of work is inherently wasteful. All it is, is a massive energy sink for the sole (uncharismatic) purpose of gaming a digital currency's value back and forth to USD for profit. At the very least factories actually produce goods. All crypto produces is speculation, its original existence as a "currency" almost completely vestigial to it's current purpose as cynical gambling chip held in reference to actual hard currency. Also the fact that this is even in the same stratosphere as the world's global manufacturing hub is fucking mortifying, how the hell is that justifyable? How is that not inefficient to the point of lunacy? What does that add to society?

Liquix 4y ago

BTC being portrayed as "bad for the environment" is just as ridiculous as trying to guilt people into buying meat alternatives or electric cars because their way of life is "bad for the environment". Almost 90% of the world's pollution comes from unregulated factories in China spewing literal tons of waste into the air and water - Nike, Apple, BMW, Adidas, etc factories [0]. If these companies were forced to care about the environment or move manufacturing back into their home countries, the "environmental crisis" would be solved overnight. But this can't happen because the companies will make less money - so instead they shift the blame onto the consumer: BTC is bad, plastic straws are bad, think about your "carbon footprint" (a term invented by big oil thinktanks to shift blame back onto their customers [1]). Nothing that private citizens do has any impact whatsoever on the environment when compared to the actions of these corporations. Only difference is they have billions of dollars to spend convincing you it's your fault. [0] https://www.weforum.org/agenda/2018/06/90-of-plastic-polluting-our-oceans-comes-from-just-10-rivers/ https://www.weforum.org/agenda/2018/06/90-of-plastic-polluti... [1] https://www.theguardian.com/commentisfree/2021/aug/23/big-oil-coined-carbon-footprints-to-blame-us-for-their-greed-keep-them-on-the-hook https://www.theguardian.com/commentisfree/2021/aug/23/big-oi...

uni_rule 4y ago
We get that you're playing cookie clicker with real life money / thousands of dollars of computer hardware but you don't need to act like you're doing the world a service with it. It's inherently wasteful because proof of work is inherently wasteful. All it is, is a massive energy sink for the sole (uncharismatic) purpose of gaming a digital currency's value back and forth to USD for profit. At the very least factories actually produce goods. All crypto produces is speculation, its original existence as a "currency" almost completely vestigial to it's current purpose as cynical gambling chip held in reference to actual hard currency. Also the fact that this is even in the same stratosphere as the world's global manufacturing hub is fucking mortifying, how the hell is that justifyable? How is that not inefficient to the point of lunacy? What does that add to society?