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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Vinay Vasanji
@vinayvasanji.eth
The energy argument doesn't hold up anymore outside of perhaps specifically Bitcoin, and even with that there are renewables and other novel mechanisms used for mining (though not yet at scale) Cloud infra and AI infra is likely to use up way more energy and water than crypto, and I presume you're using one or both in some way already
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Ryan Grim
@ryangrim
Yes, and the AI energy suck is worse. Agree.
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