The energy used has near nothing to do with value of the coin in the post. Bitcoin and Etherium are completely different in this manner.
That said, Etherium shouldn’t be taken up globally as a universal currency as it came from dirty roots like most currencys do. We need a pure untainted currency created that goes global
It doesn’t matter if it is fiat or not necessarily. But if I told you your money was going to be worth half tomorrow, then half again the next every day for the next 16 weeks… You would think shit… Maybe there is a better way to do this. That has happened to millions of people across several countries. They didn’t wake up one day and choose it, but poof gone. Your entire life turned to nothing because we are using currency that isn’t based on anything but a government that can collapse. Universal currencys not run by local governments could help prevent such.
The thing is, large countries that don’t have these problems currently, are the ones with power to change that… and would never vote to change it, because it could help poorer countries create stability and grow over time, which makes them not so much less than the big countries who want to be able to take advantage of those countries when they wish for their advantage.
I get why people say cryptocurrencys are a scam, but the whole proof of stake shit makes lot more sense if someone were trying to protect all of society from say mass inflation in places like Venezuela or something.
The revolutionary w.e he was talking about had to be proof of stake, making it use 99.9% less power than things like Bitcoin.
The alternative choice was always the same, control by the U.S. or China. Really not many other options.
If people cared about the environment they wouldn’t use Bitcoin, if they cared about people, they wouldnt use the U.S. dollar and such. Every country in the world supports the U.S in doing so…
We need better alternatives, etherium may not be it… but surely there has to be a better way to keep people from suddenly plunging into poverty when they don’t have control of their government.
Yeah my first thought was that those aren’t memes, they are the “guidance” I guess. The words are the message, the background sets the tone. Bad luck Brian isn’t the meme, he’s what sets the stage that lets you know the tone for the hook.
If someone says: "Toenail needs cutting
Kick a brick wall"
Youd be like okay that’s excessive … but you put chaos wolf behind it and your like, I shouldve expected that