• rafoix@lemmy.zip
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    2 days ago

    So far, crypto is a massively wasteful endeavor. It wastes extreme amounts of power while also hoarding computer hardware.

    It’s a speculative asset which cannot be used for as money. It only has value as long as hype exists.

    • iByteABit@lemmy.ml
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      2 days ago

      Not talking about its usage as a speculative gambling asset, I’m talking about the blockchain as a part of computer science

      • mfed1122@discuss.tchncs.de
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        17 hours ago

        Yeah I think since we’re on Lemmy it’s easy to think otherwise, but after spending a bit in these comments I’m noticing a shocking amount of tech illiteracy. Maybe it’s not fair to call it illiteracy for something as technical as blockchain? But it kind of reminds me of people debating about quantum physics after watching a Michio Kaku YouTube Short. Like… Y’all actually do not know what you’re talking about.

        Anyways, my point is a lot of people here probably don’t even understand what blockchain is in ANY sense beyond “something for crypto which is scams”.