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by jokethrowaway
1878 days ago
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Look, you'll be hard pressed finding someone who hates the government more than me; even I can tell you that yes, the government wastes a lot of resources and pollutes the environment - but both government and central banking are much more efficient in managing money. You can't solve a political problem with technology. PoW is incredibly inefficient and wasteful. BTC is slow and wastes a lot of energy, just to maintain consensus. I'd rather see a system with decentralised nodes I can trust (imagine tons of trustworthy corporations running these instead of the duopoly of Mastercard / Visa) which can process transactions without worrying about consensus and without wasting energy. Looking forward to PoS, which could bring us closer to that reality. Even with BTC (or a crypto with PoS) the problems with the governments won't disappear, I'm sure they'll find a way to keep ruining our lives and extracting money from us, even with cryptocurrencies. |
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