Reporter at Drop Site News, co-host at Breaking Points/Counter Points

happy you’re here, please tear this industry apart. we need it and it will make us stronger.

The problem I have tearing crypto apart is that I don’t really understand it technically at all detailed level. My objections are all philosophical. It uses up a ton of energy so people can speculate and do arbitrage. How is that worth it? I’ve used it to pay journalists in Afghanistan and appreciate that but I’d rather all this energy be spent ending sanctions. What am I missing?

Think of it more like the deep web, a decentralized network that allows permissionless peer to peer activity. Censorship resistant and autonomous, but also incredibly transparent. Bitcoin might take up a fair amount of energy, but Ethereum is capable of processing transfers cheaper and more efficiently than Visa.