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Comment on Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption

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zergtoshi@lemmy.world ⁨9⁩ ⁨months⁩ ago

Not all crypto are the same.
Nano has been designed as digital money.
It has no mining, 0 fees (none for transactions, none for opening accounts), finalizes transactions sub-second (typically), has no built-in throughput limits and works across (political) borders.
I’d say these attributes offer some use and value.

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BleatingZombie@lemmy.world ⁨9⁩ ⁨months⁩ ago
Does my grocery store or gas station accept it?

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- FaceDeer@kbin.social ⁨9⁩ ⁨months⁩ ago
  Does your grocery store or gas station accept Qatari riyals?
  
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  - BleatingZombie@lemmy.world ⁨9⁩ ⁨months⁩ ago
    If that were my local currency, then I’m sure they would
    
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    FaceDeer@kbin.social ⁨9⁩ ⁨months⁩ ago
    At which point your local grocery store or gas station wouldn't be accepting whatever currency is your current local currency. The point would remain the same - a currency doesn't have to be universally accepted everywhere on the entire planet for it to still be a useful currency.
    
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- zergtoshi@lemmy.world ⁨9⁩ ⁨months⁩ ago
  Just because it’s useless to you doesn’t mean it’s useless in general.
  
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