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by s73v3r_
2881 days ago
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"What does the word 'waste' mean to you? Why would you use this word to describe what is done by the proof of work?" Because it's a waste. It's not worth what it costs to do, and it's making our world worse by eating up more resources. |
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If you concede that it has utility at all, then all you're saying is "I wouldn't be willing to pay that much". But clearly the market will bear a higher price than you're willing to pay.
Other things that are proof of waste: 1k USD iPhones, Cartoons on TV, all-you-care-to-eat restaurants, dabbing, hoverboards.