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>Crypto has its positive uses, but you have to balance those against the negatives of slow transfer speeds, speculative bubbles, scams, energy consumption, and
by dev_tty01 4y ago
>Crypto has its positive uses, but you have to balance those against the negatives of slow transfer speeds, speculative bubbles, scams, energy consumption, and carbon emissions.
Good list on the negatives, but don't forget child trafficking, drugs, and other illegal uses. Like you, I have a hard time seeing a net positive when you add it all up.
- fasterik 4y agoIt's not clear to me there would be less child trafficking, drug crime, etc. if crypto didn't exist. Also, if online drug markets didn't exist, more people would put themselves in risky situations in real life to buy drugs for personal use, which is a negative (assuming they aren't otherwise harming anyone).