[unstatusthequo]

Agree with you on all of that. The general HN sentiment towards cryptocurrency is so acutely negative. I generally don’t even bother clicking links related to it because of this issue. Its just asking for whiny diatribes about how crypto sucks and will ruin everything. It’s ironic to me how freedom loving HN can be, until it is finance related and threatening governments and banks but empowering the masses. Seems bizarre to me.

I’ll exit before the “uses too much energy” dissertations enter. I bet your stacks of bare metal severs and electric cars and hairdryers and ovens and water furnaces and electric heaters and gaming machines and four monitor dev setups are super green. Could crypto be better at using less energy? Probably. Could those other things? Yep. Is progress on efficiency being made? Well, yes, at least crypto is trying to do so with PoS etc. can’t say the same for your heavy old appliances.

[spaceisballer]

So all the things you have listed consuming energy have uses. They are doing something. Can they be more efficient, sure. What exactly is crypto doing? What is it solving? The crypto industry keeps growing and consuming video cards, processors and energy. To do what? So if it’s a currency it’s not even close to the efficiency and speed of the current financial system. Ease of use too, not even close. People are making money though, so I guess we don’t question it?