Right this is the fundamental problem. There needs to be some value to the Blockchain application which the crypto tokens support beyond just token speculation.
SocialMediaRefugee@lemmy.world 9 months ago
They don’t produce anything except some numbers. A total waste of energy. I had to laugh when this guy I know who is very “progressive” and environmentally concerned got pissy when I pointed out how much energy was wasted on bitcoin mining just because he was into it.
Socsa@sh.itjust.works 9 months ago
iquanyin@lemmy.world 9 months ago
no. it just needs to end, as does pretty much our entire economic system, worldwide. and the social systems that support wasteful, destructive living. transform or die. that’s the point we’re at. is humanity up to it? well know within our own lifetimes.
echodot@feddit.uk 9 months ago
Money is how you get people to do things they wouldn’t otherwise do. Farmers don’t like farming they do it for the money, truck drivers do it for the money, factory workers do it for the money.
So if we get rid of economics then who’s going to farm the food, who’s going to pick the food, who’s going to transport the food to the stores (although at that point I guess they are just public distribution centers), who’s going to run the stores?
They only solution to all of these problems is automation but we’re not there yet. So what is your solution for today?
hatedbad@lemmy.sdf.org 9 months ago
you understand there’s more than one way to have an economy right? that there’s more than one way for labor to be rewarded for its output?
saying “our economic system needs to end” has nothing to do with what you wrote
escaped_cruzader@lemmy.world 9 months ago
My comment here is a much better use of energy
GhostMatter@lemmy.ca 9 months ago
Recording my next fart would be a better use of energy than Bitcoin.
n3m37h@sh.itjust.works 9 months ago
Even if you upload it as an 8k video
crystalmerchant@lemmy.world 9 months ago
My lower-down comment is an even better use of energy
n3m37h@sh.itjust.works 9 months ago
Pfft, my comment is the best use of energy