Interesting, and a rollicking summary of a world is non-cryptofiles don’t see very often. I’m struck by the unneeded hit to carbon for questionable gains in anonymity & decentralization. Crypto = tons of electricity that for foreseeable future is carbon itensive to produce. Did the fancy math and meme culture deliver here? Didn’t parse the deeper coverage—so please flag any threads that address sustainability aspect of crypto.
Interesting. I didn’t have time to parse the deeper coverage. I’m pretty certain the amount of electricity expended on the blockchain does this cryptofile fever dream was a far greater carbon hit than fiat currency linked systems would have produced. Just another negative externality of crypto for uncertain positive societal gains…nice memes and fancy math problems tho!
Interesting, and a rollicking summary of a world is non-cryptofiles don’t see very often. I’m struck by the unneeded hit to carbon for questionable gains in anonymity & decentralization. Crypto = tons of electricity that for foreseeable future is carbon itensive to produce. Did the fancy math and meme culture deliver here? Didn’t parse the deeper coverage—so please flag any threads that address sustainability aspect of crypto.
check this out: https://www.thediff.co/p/the-coming-carbon-short-squeeze?token=eyJ1c2VyX2lkIjoxNTA5NjgyLCJwb3N0X2lkIjo0Mzk0NTYxMCwiXyI6Ill1L25EIiwiaWF0IjoxNjM3NjA2MTYzLCJleHAiOjE2Mzc2MDk3NjMsImlzcyI6InB1Yi0xOTQzMCIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.qVyURhOsiuBzSfKIobSGOUN5p4WVFBUQB2AHmrn6Svc
and then this: https://docs.klimadao.finance/
Interesting. I didn’t have time to parse the deeper coverage. I’m pretty certain the amount of electricity expended on the blockchain does this cryptofile fever dream was a far greater carbon hit than fiat currency linked systems would have produced. Just another negative externality of crypto for uncertain positive societal gains…nice memes and fancy math problems tho!