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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raulonastool.eth 🎩 🏰
@raulonastool
I reject the premise that energy is used to do speculation and arbitrage. That is the mainstream media understanding of what this industry is, but the mainstream understanding of the internet in the 90s was that besides acadmeics and nerds, the only use of the internet was for black market activities and porn.
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