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 you’re not too far off, but missing the deeper backstory. if you are keen on a research hole, look into the work of timothy may. you’ll understand a bit more about my interests by proxy.