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by 2112 1959 days ago
> "Proof of work" is just a synonym for "having wasted tons of energy." This is my main beef with these systems. Gaining fundamental value from the act of wasting energy [...] is not a sensible basis for a 21st century technology.

This is my main beef with the system we live in already.

See ; Bullshit Jobs

https://en.wikipedia.org/wiki/Bullshit_jobs

"Bullshit Jobs: A Theory is a 2018 book by anthropologist David Graeber that argues for the existence and societal harm of meaningless jobs. He contends that over half of societal work is pointless, which becomes psychologically destructive when paired with a work ethic that associates work with self-worth."

I am not contesting the Bitcoin situation is ... interesting.

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