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> I'll never understand the undeserved hate that blockchain tech gets. I understand that some people automatically associate blockchain with crypto scams, but f
by nvy 3y ago
> I'll never understand the undeserved hate that blockchain tech gets. I understand that some people automatically associate blockchain with crypto scams, but fundamentally the tech is inspiring.
Is it? From where I sit it's an environmental catastrophe as we burn squillions of CPU/GPU cycles for the modern day tulip craze (bitcoin).
For any purported use case of blockchains, with possible exception of buying illegal things online, existing technologies are better.
- vacuity 3y agoMonero is the one cryptocurrency I will endorse for having a genuine focus on private transactions. For people living under authoritarian regimes, oppressive families, or just whoever wants privacy. My only misgiving is the energy usage.
- unshavedyak 3y agoI assume they're referring to the technology. Ie immutable ledgers, merkle trees, etc. You're referring to crypto coins. An immutable ledger != bitcoin.