Yes crypto is super inefficient... but this just feels like one of those shifting blame away from the fact that big businesses cause more harm to the environment with their practices than joe schmo crypto mining or betty using plastic bags at the grocery store.
You must have never taking a logic 101 course in college. A) lots of problems need to be fixed quickly B) adding a new problem to that list of problems does not equate to its defense for existence C) items under A have actively been improving at a rapid pace, LED light bulbs, reusable bags, more people using reusable water bottles, etc.
Defense of B) adding to something that already needed fixed within a certain time frame for human survival is a really weak argument. get skill bois
Is this the place for that.
Come on, they're are threads for that.
Sorry baffled brain kicked in there, wrong thread for that.
Bit dramatic, I mean you don't think the earth couldn't rip us all to piece's at any point in time anyway, they're are a great many black holes wandering around our galaxy.
I think the electrification (as I refer to it) will be swift but we'll see.
As for climate dramma, I think a good look through history brings that into perspective.
I consider it as hard to make everyone happy, housed, engaged in life yet net zero carbon.
As it would be to heard all the Ants of the world through the arc de triumph.
Not cheary, but real.
Also , why is it always just Bitcoin, if you're going to shout save the world you should be realistic about it, it's not Just bitcoin is it?!.
if you read the article (apparently you didn't... lol) the author of that article mentions... all crypto needs to go, specifically Ethereum, but the author does mention all crypto as well needs to go... nice job reading the article.
you are right, I should just give up on everything that is in my control because aliens could land tomorrow and impregnate me and I could be on Saturn's moons tomorrow! amazing logic with the black hole stuff, well done mate.
I believe certain land masses, animals aren't meant to exist forever.
have fun with with that logic. you do know the entire world is interconnected right? the amazon rain forest gives rain to Africa yearly at around same time to, and that allows that entire ecosystem there to thrive... its more interconnected than you can possibly imagine. but yes, you are correct in a way, if humans can't figure out long term sustainability by using their gift of logic and reason, our species too will go and turn to dust, and a better one will replace it. probably for the best really.
This isn't evidence of earth damage in any form. It's evidence of high bitcoin fees, which has been known for like forever. Bitcoin is a high value instrument, it's fees are high and have always been high as it's only used for high value transactions that require high security.
Doing transactions in anything incredibly valuable like that tends to confer heavy fees... at least when doing it digitally.
This is about fees, not compute complexity. This whole article has nothing to do with bitcoins legitimate problems. The OP is coupling two unrelated issues.
Well there goes like 1/3rd of the population the way things are going... You really can't be ok with that within reason.
But bitcoin is not the cause of that. It's not even a minor influencer at this point.
high bitcoin fees + high compute needed + wasting limited resources on it.... article seems to explain it fine to me.