I'm convinced that the narrative that crypto is an environmental disaster is an op.
Crypto is based because it is a medium that allows sanctioned countries to dodge sanctions and loosens the grip of traditional financial institutions on global trade.
Reddit crypto tech bros and crypto traders are still cringe tho.
Yeah, that's what I mean. I'm not trying to say that the idea that crypto-mining has environmental consequences is fake. But the fact that the environmental consequences of crypto-mining keeps getting repeatedly hammered on while every other technology gets ignored seems like it's really just a way to convince people on the left to oppose a disruptive tech using a narrative that is salient.
I'm convinced that the narrative that crypto is an environmental disaster is an op.
Crypto is based because it is a medium that allows sanctioned countries to dodge sanctions and loosens the grip of traditional financial institutions on global trade.
Reddit crypto tech bros and crypto traders are still cringe tho.
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youtube is a bigger polluter than the entire airplane industry
Yeah, that's what I mean. I'm not trying to say that the idea that crypto-mining has environmental consequences is fake. But the fact that the environmental consequences of crypto-mining keeps getting repeatedly hammered on while every other technology gets ignored seems like it's really just a way to convince people on the left to oppose a disruptive tech using a narrative that is salient.
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It very much depends on the specific implementation, but with the right consensus mechanism, it isn't too much worse than any other internet service