[slg]

This is an overly aggressive tone that will cause knee-jerk pushback, but there is an argument that it is exactly the thing we should expect of our government, to correct for externalities.

This is effectively not that different than a company dumping chemical in the local river rather than disposing of them properly. They are encroaching on my rights to a livable planet for their own personal financial gain.

[fouric]

The GP comment falsely implies that PoW is the only kind of cryptocurrency (and, well, the obnoxious and anti-intellectual tone).

There are many reasons to dislike crypto in general, but "it destroys the environment" only applies to PoW-based systems and not crypto in general.

Also, you should read the guidelines: "Please don't comment about the voting on comments. It never does any good, and it makes boring reading."[1]

[1] https://news.ycombinator.com/newsguidelines.html

[slg]

What percentage of cryptocurrencies usage is not PoW? What are the negative environmental impacts of the other approaches? Being better than PoW doesn’t necessarily mean they stopped being wasteful.

I rephrased that first sentence to remove the reference to HN voting. I was simply remarking how the tone will cause people to object to it quicker regardless of the merit of the underlying thought.

[nightski]

Bitcoin is obviously the top. But Ethereum and Cardano are 2nd/3rd and ETH is moving to PoS while ATA already is. Tether is 3rd and is a stablecoin, so it is PoS or PoW depending on the backing contract.

So quite a bit actually. We are talking hundreds of billions in market cap at least.