Ryan Grim pfp
Ryan Grim
@ryangrim
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?
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Chainleft pfp
Chainleft
@chainleft
Crypto doesn't have a tech problem. It has a culture problem. Crypto attracts some of the most toxic people in society, and these people are dictating crypto's culture which puts normal people off. Crypto industry needs to be regulated even more than gambling industry so that it can kick off this toxic group, and only then could the real use cases make its way to the mainstream. (and yes, energy usage thing is an outdated criticism if we're being fair)
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