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the modern day blockchain is very power inefficient. to balance the scale, the same could be said for the plethora of computer operators running datacentres in their home hoovering power.

turn the clock back to the genesis block. cryptocurrency had a purpose. autonomy of transaction and being able to exchange without being plugged into the system. those were indeed the origins. now it’s turned into a poorly-constructed meme chock-full of people who’ve literally gone mad.

just like the paper counterpart. money isn’t real.

@prologic@twtxt.net I fell in love with cryptocurrencies after I found myself cut off from the global financial system, and foreign exchange transactions within the country were frozen, i.e. I can neither buy dollars, nor send them, nor pay for servers abroad. In such a situation, one no longer thinks about the inefficient energy consumption of blockchain 😄 Although I agree that it is inefficient in this regard. But there are no alternatives )