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Unintentionally, the energy demands of cryptocurrencies, and data centers in general, have finally motivated utilities (and their regulators) to finally start b
by specialist 2y ago
Unintentionally, the energy demands of cryptocurrencies, and data centers in general, have finally motivated utilities (and their regulators) to finally start building out the massive new grid capacity needed for our glorious renewable energy future.
Acknowledging that facilitating scams (eg pig butchering) are cryptocurrency's primary (sole?) use case, I'm willing to look the other way if we end up with the grid we need to address climate crisis.
- monero-xmr 2y agoTo pretend romance / affinity scams and crime were created by crypto is absurd. It’s fair to argue crypto made crime more efficient, but it also made the responsible parties quicker to patch holes. The primary use case of crypto is to protect wealth from a greedy, corrupt, money-printing state. Everything else is a sideshow
- specialist 2y ago> primary use case of crypto is to protect wealth Merely trading governments for corporations. > Everything else is a sideshow Agreed. Crypto is endlessly amusing.
- monero-xmr 2y agoWhat corporation made bitcoin?
- specialist 2y agoApologies, I assumed you knew what cryptocurrency is and how it works. My bad. I'm really not well suited to explain this stuff. Here's an article for a general (layperson) audience to help you on your journey. https://www.cbsnews.com/news/cryptocurrency-bitcoin-virtual-currency-explainer/ https://www.cbsnews.com/news/cryptocurrency-bitcoin-virtual-... Happy hunting!
- monero-xmr 2y agoI have been intimately involved with cryptocurrency since 2010