[UncleMeat]

What if we had 1000x the power being used to confirm transactions? 1,000,000x the power? At some point we aren't achieving anything.

The is made worse by the fact that there are alternatives to produce trustworthy ledgers that don't involve destroying the planet.

[Siira]

Yes, alternatives that work for rich, powerful people.

[reynard_le_faux]

These people buying power stations aren't rich?

One of the issues with crypto currency is that we're replacing one elite with another.

As John Oliver says Cryptocurrency is everything you don't understand about finance combined with everything you don't understand about computers. That new, even eliter, elite is probably no more moral or ethical than the old.

It's not like cryptocurrency is more accessible. Maybe it will become so but I still have to fork out a lot of money to buy Bitcoin. It's just the fees get paid to different people.

Not entirely sure how it's better. It is different though, I'll give you that.

[jessaustin]

Bitcoin is like any other infinitely divisible asset. You can buy as much or as little as you want.