• lutteurdeclasse2 [none/use name]
    ·
    4 years ago

    I mean, if these dupes were dumb enough to place money in an internet link they might as well have burned the money, there's little difference

        • Janked [he/him]
          ·
          4 years ago

          All crypto bullshit is based around solving math problems for no reason, this is a good article: https://drewdevault.com/2021/04/26/Cryptocurrency-is-a-disaster.html

        • GreenTeaRedFlag [any]
          ·
          4 years ago

          Becuase of the amount of energy required for computers to run the blockchain, crypto accounted for I think 10% of all energy consumption last year. NFTs are even worse.

          • Vampire [any]
            ·
            4 years ago

            Well it's not 10% but yeah. Bitcoin was 51 megatons of CO2, which is like 0.14% of total idk?

            Plus Ethereum: https://digiconomist.net/ethereum-energy-consumption

            Ethereum uses less than Bitcoin, not more, btw, as it's a less valuable network overall therefore less incentive for mining.

            • GreenTeaRedFlag [any]
              ·
              4 years ago

              Thanks for the correction. I find this crap hard to follow most of the time.