How many gamers play 24/7/365 with no breaks with the cards completely maxed out the entire time?
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Crypto hate on Era
- Thread starter Mukrab
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How many gamers play 24/7/365 with no breaks with the cards completely maxed out the entire time?
I don't run my GPU at 100% 24/7. Also, my house has enough passive heat transfer that when I do run my GPU I don't have to run my air conditioning at full capacity to avoid roasting alive.
I imagine it would at least be somewhat less since mining tends to be a 24/7 gig, whereas your average PC user is only really using them when they are using the PC, so let's assume people sleep 8 hours a day, so it's at least a factor of 1/3 less usage than if they were running constantly.
ERA is a lot more set in their ways when it comes to tech things in general than you would think for an enthusiast forum like this
see also: VR
see also: VR
They would probably consume more, but run less. With most algorithms you're getting a better hash rate when underclocking the GPUs and setting their power limit to 50-60%.
But that's a good point. Most people who posted in this thread probably don't need to consume as much as energy / cause as much carbon emissions as they do. They don't need to drive cars, live in their large homes. They don't need their huge gaming rigs and most don't need their pets either.
I know it's not 100% comparable, but definitely something to consider when discussing pow crypto.
Edit: Why pets? In 2015, the 163 million domestic dogs and cats in the US consumed a full 25% of the 94.3 million pounds of meat produced in the country.
How Large is the Carbon Footprint of Our Pets?
The cost of feeding pets has been linked to ecological issues driving the climate crisis, meaning that they have a large carbon footprint.
earth.org
One thing that I know for sure. By now we should already provided something similar by legal institution.
Like you know when you paying with bank app? thats not "your money" that can you hold and move between wallet. Like we shouldnot use paper money anymore. Something that storage whaever data to trade (no, its not fuvking credit card) should already became standard.
Its crazy even now its only idea that started from random nerd on internet and that still far from materialized.
Like you know when you paying with bank app? thats not "your money" that can you hold and move between wallet. Like we shouldnot use paper money anymore. Something that storage whaever data to trade (no, its not fuvking credit card) should already became standard.
Its crazy even now its only idea that started from random nerd on internet and that still far from materialized.
OP
OP
Ethereum expects to use only 1% of the current energy when they switch to PoS
The whole concept is just fundamentally broken. Slow as molasses (Like what, 6 transactions or so per second for Bitcoin?), huge environmental impact (not just energy but also resources for the GPUs). Needs to endlessly appreciate in value otherwise you can't trust it anymore.
And it doesn't even fix the whole 'trust' issue it set out to do as the way to actually convert is though exchanges, which any sane person would trust less then their bank.
And don't get me started on the idiocy of ethereum.
And it doesn't even fix the whole 'trust' issue it set out to do as the way to actually convert is though exchanges, which any sane person would trust less then their bank.
And don't get me started on the idiocy of ethereum.
You can still break the entire system by putting illegal content on it and posting about it in public.
It's all just libertarian bullshit.
like half of this threads posts just being quotes of bitcoin energy stats shows just how many people didn't even bother to read the op in their rush to come whine about crypto some more
You act like other coins haven't existed for a long time and that they all have consistently fallen in favor of Bitcoin and that the only other actually popular alt coins are just used as pump and dump schemes and as intermediaries to Bitcoin, which is boring af.
People hate it because there is A LOT of "old money" concentrated to relatively few individuals. It's nowhere near this neutral currency for the people ideal thing.
This is one of the reasons why so many farms are in Iran. Unbelievable cheap electricity.
1 kilowatt hour is like 2,2 Euro Cent in Iran.
The same amount is ~30 Euro Cent in Germany.
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"Bitcoin" is the one most people know and associate to due to it being around and in the limelight for so long so they immediately associate it with that. Kind of like how my dad called every video game system "Nintendos" and still kind of does. Personally I avoid BTC like the plague and am more interested in other less power hungry, less "Only for the rich to get richer off" coins. BTC at the moment is a poker game with too high a betting pool to be worth it in the end.
It's a common way of paying for internet services you'd rather (try to) be anonymous on such as VPNs, Usenet or porn.
Personally I have also used it to pay for goods on and off the internet, for donations to software projects, streamers and a street musician. Also to settle small debts among friends.
I think governments, the EU, Davos and people like Larry Fink are pushing crypto as a way to control the economy (to prevent future crashes is what they say but ofc not only that), and to reduce money laundering and tax evasion in general, which is still substantial in many places.
So unfortunately or fortunately, (regulated) crypto will most likely be part of our future, because it's part of rhe now infamous Great Reset.
But I'm no expert so don't ad me
So unfortunately or fortunately, (regulated) crypto will most likely be part of our future, because it's part of rhe now infamous Great Reset.
But I'm no expert so don't ad me
I have started investing into it because despite any objections I have to how to works (though I think the power issue is diverting away from the real issue which is that we should be moving to green energy) other people are getting on board and are going to make money off of it, so I should be able to to. Me not buying any won't change anything and me buying what paltry amount I can also won't change anything. It might be a bubble, but it's a bubble that's been going constantly up for 10 years and that major institutions are starting to take part in. I'm putting aside what I can afford into it and seeing what happens.
I hate the most of the culture around it, but it's not hard to just have it as a part of your investments and ignore all of that.
I hate the most of the culture around it, but it's not hard to just have it as a part of your investments and ignore all of that.
One interesting concept are airdrops. By downloading the keybase app, posting a gist in my Github account for verification and creating blockchain.com account (2 separate airdrops at roughly the same time) I have been given an XLM airdrop of around 2k XLM. Said amount was worth about $100 at the time, but is now worth more than $1000.
Note that for said airdrop I didn't need a bank account, nor an ID, just a phone with internet. Someone in a country with low HDI index may have easily done the same to receive the airdrop.
So while crypto is certainly speculative, it has probably redirected much more money to the less developed countries than any sort lottery.
None of the payments were in BTC though.
It's barely a currency. It's really an investment platform, that can be kinda sorta used as a currency.
crypto-stock would be a better name for it.
crypto-stock would be a better name for it.
Anyone talking about crypto in this thread mentioning non BTC/Eth saying "n-not all crypto" are bullshitting and arguing in bad faith.
Like yikes.
OP, no one is saying that crypto as a base technology doesn't have potential benefits. But when those benefits come with the baggage of what the mineable currencies are doing, especially when those two currencies are the exteme vast majority of transaction data and movement, please don't come in and ask us to look at the pretty pamphlets without talking about the two elephants in the room. Because until you get rid of those elephants, everything else gets trampled on.
Like yikes.
OP, no one is saying that crypto as a base technology doesn't have potential benefits. But when those benefits come with the baggage of what the mineable currencies are doing, especially when those two currencies are the exteme vast majority of transaction data and movement, please don't come in and ask us to look at the pretty pamphlets without talking about the two elephants in the room. Because until you get rid of those elephants, everything else gets trampled on.
While on the surface this might seem comparable, it really isn't.They would probably consume more, but run less. With most algorithms you're getting a better hash rate when underclocking the GPUs and setting their power limit to 50-60%.
But that's a good point. Most people who posted in this thread probably don't need to consume as much as energy / cause as much carbon emissions as they do. They don't need to drive cars, live in their large homes. They don't need their huge gaming rigs and most don't need their pets either.
I know it's not 100% comparable, but definitely something to consider when discussing pow crypto.
Edit: Why pets? In 2015, the 163 million domestic dogs and cats in the US consumed a full 25% of the 94.3 million pounds of meat produced in the country.
How Large is the Carbon Footprint of Our Pets?
The cost of feeding pets has been linked to ecological issues driving the climate crisis, meaning that they have a large carbon footprint.
Things like cars and homes are essential. For things like entertainment, for the average person it is also essential since we aren't robots and need mental stimulation and things to enjoy otherwise everyone's mental health would be even more fucked than it already is for many of us.
Pets are also vital for many people as they are usually treated as part of the family and bring a lot of love and affection to people. Me and the wife had 4 cats for over 15 years (2 sets of brothers and sisters) and in about a 2 year time span we lost 3 of them. Having just the 1 made a massive difference to us as the house felt empty and was just a constant reminder of the ones we had lost. Since then we got 2 new cats and they have enriched our lives a lot and we wouldn't be without them.
Bitcoin farming is essentially rich people who can afford to invest in farms attempting to make themselves even more money than they already had, all while disproportionately adding to climate change.
As someone who's had to do a handful of tax returns with crypto gains/losses in them and had to try and dig up basis for 11 million of some obscure coin worth like .000035, fuck crypto. Such a massive pain in the ass.
Don't care about crypto, but I do care about the mining douchebags who have completely taken over the graphics cards market. Got into a telegram group of RTX cards hunting and the amount of douche coming from these people was astounding.
It's more in bad faith to blame those who are trying (and managing) to do it better and greener, even if they're not able to dethrone BTC today.
Years and years of development time has went into many altcoins and they're actively trying to take market share away from Bitcoin.
If you want to kill BTC, it's better support those green projects than blaming them for something they didn't invent.
One of VeChain's use cases is literally Digital Carbon Ecosystem which is developed specifically to reduce pollution.
His Majesty King Harald V and Her Majesty Queen Sonja of Norway Witnessed the Signing Ceremony of…
October 16, 2018 — On behalf of a national agenda to deepen bilateral relations between Norway and China, their Majesties King Harald V…
vechainofficial.medium.com
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There is no market share to take away from Bitcoin. Bitcoin's utility is a value store. Other cryptocurrency claims it has non-value-store utility...while remaining precious little more than a speculative asset.
the question was "what's wrong with Crypto". And who's blaming them? I'm not saying they're bad because BTC/Eth are bad. I don't see anyone in here saying anything bad (for the most part) about alt-coins.
None of that changes the fact that right now, you can't talk about Crypto without talking about its too largest and most dominant coins, both of which have extreme baggage.
Why do you think these altcoins aren't gaining more traction especially if they offer a ton of the upside and way less of the baggage/issues? The answer to me seems to be most of the reasoning that the others in this thread have talked about, because BTC (and to a slightly lesser extent ETH) is a decentralized and unregulated playground that you can brute force with $$$ to make even more cash, or allows for wild speculation.
Yank electrical service to any building with the electricity-consumption of a Crypto farm.
Apparently that's the solution some heavy-handed governments had to Mining in their borders.
Even then it'd be less most of the time, games almost never run your card at 100% usage 24/7.
I feel like there is a pretty shallow perspective that is common here which just sees crypto as this environment trashing tool, which is only used by criminals and rich elites, when that's not exactly the case, while completely ignoring the benefits crypto would bring. No matter how many times people try to point out the use cases and benefits, they always seem to get glossed over to parrot the same negatives.
https://www.ledger.com/from-1-cent-to-1-billion-dollars-sending-money-was-never-this-easy
The cost and relative ease of transactions is tiny compared to traditional payments. While the carbon footprint is certainly an issue, we are already seeing a lot of companies shift to implementing the Bitcoin Lightning network to shift the bulk of transactions off chain, which should result in cheaper, faster and more scalable transactions. Which should also alleviate the impact on the environment.
Whether you like it or not, or even understand it crypto isn't going away, and will only become more pervasive.
https://www.ledger.com/from-1-cent-to-1-billion-dollars-sending-money-was-never-this-easy
The cost and relative ease of transactions is tiny compared to traditional payments. While the carbon footprint is certainly an issue, we are already seeing a lot of companies shift to implementing the Bitcoin Lightning network to shift the bulk of transactions off chain, which should result in cheaper, faster and more scalable transactions. Which should also alleviate the impact on the environment.
Whether you like it or not, or even understand it crypto isn't going away, and will only become more pervasive.
That's not going to happen when you can move the energy anywhere. Make cleaner energy cheaper and they would use that.
It is incredibly wasteful and serves absolutely zero practical purpose other than investments. The justification for this sort of waste and ecological destruction are nearly all religious justifications, faith-based arguments that that the problems that crypto is trying to solve are more pressing problems than they actually are; and that crypto solves those problems in some way that other forms of currency or exchange can't serve. The arguments for pursuing the damage that crypto causes to the world and to human societies is wrapped up in this techno-libertarian nonsense. When crypto evangelists come up with justifications for why crypto is some necessary, important achievement, it's a religious argument that is grounded in faith and not facts or logic.
I don't really care if someone is into crypto from an investment perspective, that they don't really care about the ridiculous harm that crypto does to the environment and our future, if they think that making thousands of dollars personally is worth it for them. If you're willing to just admit that you making a profit on an investment is more important than the vast ecological harm that these pointless, redundant digital possessions cause to the earth, then whatever, I'll give you a pass because your priority is strictly personal gain and you fit into the libertarian religious zealotry. But, if you're trying to argue that there is some other purpose to crypto and that the harm is justified by whatever that purpose is, and if you can't recognize that this is faith-based, religious evangelizing, then I'm going to criticize you for it. So I don't really care about the crypto threads in community that are talking about speculating crypto coins, whatever, it's no that different from oil speculation or rare earth metal speculation at least from an investment perspective. But most oil investors have come to terms with the fact that their financial investments are ecologically bad for the planet, and they just don't care. THis reckoning really hasn't happened within the wider crypto-investing community, and I feel like enough of the community is made up of people who are young, maybe somewhat liberal minded, and are open to the reality of catastrophic climate change, so I think there's a tension there that deserves to be pointed out.
From a humanitarian perspective, most of the bitcoin mining is being done in Xingjiang province in China where the electricity is being generated by slave labor which is why it's cheap to run server farms there to mine bitcoin. While some part of our lives will tie back to this slave labor system throughout China, but there's something particularly nihilistic about slave labor for the sake of a redundant digital possession that serves as only an investment vehicle. It's like investing in triangle trade slave ships in the 1800s. Sure, the textile industry, sugar trade, and far more, were tightly intertwined in the slave trade, but there's something uniquely brazen about investing and profiting in the slave trade for something that has entirely no other purpose other than to pursue individual profit.
I don't think that bitcoin or crypto exploration should be banned or anything. I think as a technological curiosity it is interesting, and whatever mechanism could be used to ban exploration in crypto, blockchain, or whatever other associated technological fields, would be antidemocratic and illiberal.
I don't really care if someone is into crypto from an investment perspective, that they don't really care about the ridiculous harm that crypto does to the environment and our future, if they think that making thousands of dollars personally is worth it for them. If you're willing to just admit that you making a profit on an investment is more important than the vast ecological harm that these pointless, redundant digital possessions cause to the earth, then whatever, I'll give you a pass because your priority is strictly personal gain and you fit into the libertarian religious zealotry. But, if you're trying to argue that there is some other purpose to crypto and that the harm is justified by whatever that purpose is, and if you can't recognize that this is faith-based, religious evangelizing, then I'm going to criticize you for it. So I don't really care about the crypto threads in community that are talking about speculating crypto coins, whatever, it's no that different from oil speculation or rare earth metal speculation at least from an investment perspective. But most oil investors have come to terms with the fact that their financial investments are ecologically bad for the planet, and they just don't care. THis reckoning really hasn't happened within the wider crypto-investing community, and I feel like enough of the community is made up of people who are young, maybe somewhat liberal minded, and are open to the reality of catastrophic climate change, so I think there's a tension there that deserves to be pointed out.
From a humanitarian perspective, most of the bitcoin mining is being done in Xingjiang province in China where the electricity is being generated by slave labor which is why it's cheap to run server farms there to mine bitcoin. While some part of our lives will tie back to this slave labor system throughout China, but there's something particularly nihilistic about slave labor for the sake of a redundant digital possession that serves as only an investment vehicle. It's like investing in triangle trade slave ships in the 1800s. Sure, the textile industry, sugar trade, and far more, were tightly intertwined in the slave trade, but there's something uniquely brazen about investing and profiting in the slave trade for something that has entirely no other purpose other than to pursue individual profit.
I don't think that bitcoin or crypto exploration should be banned or anything. I think as a technological curiosity it is interesting, and whatever mechanism could be used to ban exploration in crypto, blockchain, or whatever other associated technological fields, would be antidemocratic and illiberal.
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Crypto at the moment is a very libertarian currency, with all the benefits and negatives that come along with such. Its great for freedom and anonymity. That also has negative consequences. There is no "authority" to monitor transactions, so if someone gets ripped off they are fucked with no recourse.
There are real concerns that the Chinese authoritarian government controls vast swathes of bitcoin. While the central government has recently publicly said basically they do not want people involved with bitcoin (they have their own state blockchain currency) the simple fact is that mining compute capacity is in Chinese hands, estimates vary from 50-75% of all mining facilities are in China.
Volatility is massive in bitcoin, with swings of 50-100% on an annual basis. Thats an insane volatility gap to base any sort of generational wealth on.
Its a currency that basically heavily favors the young, privileged (if you lose it all, no big deal), single person, and mobile (just move and make money some other way). Again, awesome if you fit those categories, maybe not so awesome if you don't. Could you tell a single young mother to earn all her wages in bitcoin, put all her money in bitcoin, and not to worry about the daily swings?
It does bring up great thought experiments on the future of taxes, governments, how societies should work, barter/trade, economies, etc. All of which are healthy to debate and discuss and think about.
There are real concerns that the Chinese authoritarian government controls vast swathes of bitcoin. While the central government has recently publicly said basically they do not want people involved with bitcoin (they have their own state blockchain currency) the simple fact is that mining compute capacity is in Chinese hands, estimates vary from 50-75% of all mining facilities are in China.
Volatility is massive in bitcoin, with swings of 50-100% on an annual basis. Thats an insane volatility gap to base any sort of generational wealth on.
Its a currency that basically heavily favors the young, privileged (if you lose it all, no big deal), single person, and mobile (just move and make money some other way). Again, awesome if you fit those categories, maybe not so awesome if you don't. Could you tell a single young mother to earn all her wages in bitcoin, put all her money in bitcoin, and not to worry about the daily swings?
It does bring up great thought experiments on the future of taxes, governments, how societies should work, barter/trade, economies, etc. All of which are healthy to debate and discuss and think about.
Cognitive dissonance?
Bitcoin alone draws more enegergy than the United Arab Emirates and Norway. And it's only increasing.
It's completely unstable too. Currency should not fluctuate wildly day by day or even hour by hour.
When you are transacting in and out of bitcoin within miliseconds, then price volatility is no longer an issue. Moving the majority of transactions off chain to the lightning network should also reduce the energy requirements.
The financial benefits are debatable. If you don't like people being rich, the transfer of money and all the fees that banks charge is disgusting. Banks and financial institutions have been ripping off people since forever. If a universal currency like bitcoin can help elleviate that, then that's a good thing.
I do think it needs to be regulated. I do think a lot of these pump and dump crappy cryptocurrencies need to die. A lot of people are getting ripped off by get rich quick crypto.
But Bitcoin and probably Etherium? Like it or not, it's here to stay, and more and more businesses and investors are accepting it as a valid currency. Bitcoin is the new gold and is accepted as an alternative investment currency like gold. Deal with it, because Bitcoin isn't going away.
I do think it needs to be regulated. I do think a lot of these pump and dump crappy cryptocurrencies need to die. A lot of people are getting ripped off by get rich quick crypto.
But Bitcoin and probably Etherium? Like it or not, it's here to stay, and more and more businesses and investors are accepting it as a valid currency. Bitcoin is the new gold and is accepted as an alternative investment currency like gold. Deal with it, because Bitcoin isn't going away.
Not a huge fan of cults. Seeing the crypto thread (and the stock market thread for that matter) consistently ahead of more responsible investment threads here and elsewhere is sad.
I think certain things are flatly true: crypto is ecologically devastating; crypto may never prove itself to be more than a speculative asset; Bitcoin, in particular, will never be viable currency; crypto nuts are weirdos with libertarian brainrot; a lot of the industry is obviously scummy and scammy; crypto is often used for nefarious and immoral purposes; the lack of regulation makes the long-range effects of crypto unpredictable and scary.
But there is also an overreaction to crypto that unthinkingly regurgitates a lot of Chicagoan principles about "how currency works" and what sober governance should look like, and—above all—who should work the levers. You do not have to be a libertarian to notice that a lot of people are parroting neoliberal talking points that decentralized finance is not serious, somehow; you can be a good leftist and look askance at the institutional sneering about any democratization of finance. As it happens, our existing structures of money, finance, and trade are also ecologically devastating (and it will take a long time for crypto to catch up!). And if you worry that crypto lets people fund evil shit and get away with it, I have bad news for you about fiat currency.
While Bitcoin really does suck as anything other than a get-rich scheme, blockchain technology and DeFi could have exciting use cases and noble ends, not least of which is skirting or undermining corrupt banking systems and corrupt state regimes, especially in the global south.
To be clear, I think the bad far outweighs the good! But people need to be sure they're not just dismissing the very notion of decentralized finance because the organs of centralized finance told them to look away. The most interesting thing DeFi could do is cause people to reexamine our existing mechanisms for distributing wealth, which have been with us longer and done far more harm.
But there is also an overreaction to crypto that unthinkingly regurgitates a lot of Chicagoan principles about "how currency works" and what sober governance should look like, and—above all—who should work the levers. You do not have to be a libertarian to notice that a lot of people are parroting neoliberal talking points that decentralized finance is not serious, somehow; you can be a good leftist and look askance at the institutional sneering about any democratization of finance. As it happens, our existing structures of money, finance, and trade are also ecologically devastating (and it will take a long time for crypto to catch up!). And if you worry that crypto lets people fund evil shit and get away with it, I have bad news for you about fiat currency.
While Bitcoin really does suck as anything other than a get-rich scheme, blockchain technology and DeFi could have exciting use cases and noble ends, not least of which is skirting or undermining corrupt banking systems and corrupt state regimes, especially in the global south.
To be clear, I think the bad far outweighs the good! But people need to be sure they're not just dismissing the very notion of decentralized finance because the organs of centralized finance told them to look away. The most interesting thing DeFi could do is cause people to reexamine our existing mechanisms for distributing wealth, which have been with us longer and done far more harm.
Right, this. Like, banking can be draconian in several ways I guess? But crypto feels like that cyberpunk "woah cool future" comic in action where people think the solution to banking being small-c conservative is a currency designed to make ancaps drool. The problems it "alleviates" are much less of an issue than the ones it creates.
People are generally ignorant about it, and the only news they get about it is FUD which is generated by groups and people that are invested in the conservative financial system. Neoliberalism.
No doubt cryptocurrencies have a lot of libertarian idiots that follow it like a cult, but cryptocurrencies themselves are not libertarian and nor are many of the people that believe in it.
The fact is cryptocurrencies are a natural element of blockchain technology, and blockchain technology is a significant technology in the the next step of modern computing. Blockchains aren't going any where and therefore cryprocurrencies are also not.
For sure, cryptocurrencies haven't proven itself yet. But that's because the technology isn't ready yet. Once cryptocurrencies severe the relationship between to fiat currencies, then it is. However it has come a very long way over the past decade .But that's not just only a technological problem preventing that, there's a lot of factors actively working against that, because of how the conservative financial system works. So yes, until its goals are met, it serves as a vehicle for investment and hedging against inflation, which isn't bad in itself at all, because at no point in human history have humans had the ability to more indepently do that than ever before, nor be able to make money so easily.
However it is disappointing to see on this forum the level of neoliberal talking points used by people here against cryptocurrencies and blockchain technology in general, and people are using these talking points because they are a) neoliberals or b) their lack of knowledge of cryptocurrencies/blockchain means they easily buy into the FUD from neoliberal institutions and people, who have been waging a propaganda war against it for a decade.
The most hilarious argument to this day is still the fact, in 2021, people say it's used for illegal activity. The euro, dollar, whatever is used for an enormously larger amount of illegal activity than crypcurrencies are. This is 100% a fucking dumb ass talking point you'd expect from some neoliberal banker or politician
Professionally I am now part of a R&D team in a company working on blockchain technology for decentralised data classification and archiving for enterprise/business use, particularly in regards to interoperatability of data and between enterprises or business functions, so I find the technology itself interesting.
No doubt cryptocurrencies have a lot of libertarian idiots that follow it like a cult, but cryptocurrencies themselves are not libertarian and nor are many of the people that believe in it.
The fact is cryptocurrencies are a natural element of blockchain technology, and blockchain technology is a significant technology in the the next step of modern computing. Blockchains aren't going any where and therefore cryprocurrencies are also not.
For sure, cryptocurrencies haven't proven itself yet. But that's because the technology isn't ready yet. Once cryptocurrencies severe the relationship between to fiat currencies, then it is. However it has come a very long way over the past decade .But that's not just only a technological problem preventing that, there's a lot of factors actively working against that, because of how the conservative financial system works. So yes, until its goals are met, it serves as a vehicle for investment and hedging against inflation, which isn't bad in itself at all, because at no point in human history have humans had the ability to more indepently do that than ever before, nor be able to make money so easily.
However it is disappointing to see on this forum the level of neoliberal talking points used by people here against cryptocurrencies and blockchain technology in general, and people are using these talking points because they are a) neoliberals or b) their lack of knowledge of cryptocurrencies/blockchain means they easily buy into the FUD from neoliberal institutions and people, who have been waging a propaganda war against it for a decade.
The most hilarious argument to this day is still the fact, in 2021, people say it's used for illegal activity. The euro, dollar, whatever is used for an enormously larger amount of illegal activity than crypcurrencies are. This is 100% a fucking dumb ass talking point you'd expect from some neoliberal banker or politician
Professionally I am now part of a R&D team in a company working on blockchain technology for decentralised data classification and archiving for enterprise/business use, particularly in regards to interoperatability of data and between enterprises or business functions, so I find the technology itself interesting.
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This. Let's burn down the planet, but hey my numbers went up.