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To be fair, crypto as a technology has some merit. I think IPFS and Filecoin (Helium?), count for something more than a Ponzi scheme (as their primary goal is n
by odo1242 4y ago
To be fair, crypto as a technology has some merit. I think IPFS and Filecoin (Helium?), count for something more than a Ponzi scheme (as their primary goal is not simply being a store of value). It’s when crypto tries to replace all of finance buoyed by nothing other than people’s interest in crypto that stuff hits the fan.
- LtWorf 4y agoNot really… it's too wasteful to operate.
- germandiago 4y agoThere are alternatives to proof of work.
- deleted 4y ago[deleted]
- LtWorf 4y agoDo you mean proof of stake? The one where rich people decide?