Thread: Bitcoin et al.
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Old 03-18-2018, 05:03 PM   #66
Groundhog
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Join Date: Dec 2003
Location: Sydney, Australia
Quote:
Originally Posted by Fidatelo View Post
I think it's asinine that as a society we are supposedly more environmentally aware while at the same time inventing new ways to waste massive amounts of energy doing arguably useless calculations. Show me a coin that doesn't consume ever-larger amounts of energy as the chain grows, and the energy it does consume is useful beyond just the mathematical proof in itself, and I might get interested. As it stands something like BitCoin just appears completely wasteful and unsustainable to me.

XRP? Pre-generated coins. Agree re: energy, but that's a large part of why the coins are valued as they are (although not disagreeing that its an incredible waste of energy - the tech equivalent of a leather jacket made of white rhino hide).
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