[hootbootscoot]

What I think about bitcoin and crypocurrencies in general that are based upon a "proof of work" with no tangible production of anything useful in society?

They are a giant waste of electricity.

Even renewably-sourced electricity is in finite supply, even near large hydro-electric dams or geo-thermal plants, and thus this deprives the world of metal smelting or other energy-intensive activities we urgently NEED to adapt to electrically-driven processes.

I should expect to see intelligent folk like those in tech to understand the multiple environmental crises we are in, and how bitcoin and it's ilk are not aiding resolution of this in any way, and indeed can be shown to be hampering efforts.

Wasted CPU cycles have environmental costs. Proof of work is a giant waste of electricity that could be better spent.

Introduce a cryptocurrency that actually incentivizes goodness through it's creation instead of further destruction and spare me the hypotheticals. As currently implemented= BAD FOR PLANET EARTH and a diversion of resources to literal waste.

Imaginary money burning real joules of energy

[MrMan]

These people don’t care