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0 pointsgingeropolous6y ago0 comments

> No, I want the world's energy and carbon footprint to reduce, rather than have people with a decentralisation fetish invent new ways to incentivise thrashing.

Then any way to dismantle the existing consume-everything-to-make-a-profit economy, which is caused by archaic and inefficient monetary systems, should be good, right?

How much energy is wasted / burned because of our existing monetary policies?

cryptocurrency PoW is bajillions times more efficient than, i dunno, exerting currency dominance by shows of military power or shipping goods all over the world because its "cheaper" to make things here and sell things there.

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Nursie6y ago

> Then any way to dismantle the existing

any way? No, and particulary one that, for instance, encourages competitive.burning of power for profit and uses the power demands of a small country to service the transactional needs of a town.

>How much energy is wasted / burned because of our existing monetary policies?

Probably quite a lot. But then they do so much more than cryptocurrency can, so the comparison is nonsense.

"bajillions" being code for "I have no idea at all" renders your argument at the end there pretty moot.

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