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by npoc 896 days ago
What do think happens if you let people create money without doing the equivalent work?
2 comments

Why do we let people create money where the work is "waste energy" instead of create money where the work is "build something we need"?
Because then you are monetizing the work in other ways and so you still end up creating the money for free.
You waste less energy? Ethereum seemed to figure this out despite being entirely dysfunctional.
For him, wasting energy is the entire point that assigns value to the tokens… Does it make sense? No, of course not.