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by Asdfbla
3198 days ago
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How is bitcoin a good model for humanity? If anything, it strives to do away with the little trust there is left in society and replace it with an antagonistic system where everyone is out to sabotage their peers, only being held back by a (intentionally wasteful) proof-of-work mechanism that enforces compliance with the protocol. That's a dystopic vision for humanity if I've ever seen one. Unnecessary too, since trust-based systems have more or less worked so far. Not to mention that proof-of-work isn't ecologically sustainable on a larger scale anyway. |
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Anyone who says this hasn't been to massive datacentres to see what infrastructure it takes to share your cat videos and avocado toast images. If Crypto wipes out a few banks the costs will be completely negated anyway.