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Even stablecoins aren't so great for the environment. Proof of stake isn't as bad, but also doesn't offer much beyond traditional systems once KYC is needed. A
by paulryanrogers 1y ago
Even stablecoins aren't so great for the environment. Proof of stake isn't as bad, but also doesn't offer much beyond traditional systems once KYC is needed.
Am I missing something?
- ETH_start 1y agoStablecoins are great. The only way to be debanked is if the stablecoin issuer explicitly blacklists your address, which is a public act which they will be forced to justify. And Ethereum's Proof of Stake algorithm is highly censorship resistant. That's why it took seven years to design.