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?

Ethereum uses 99.9% less energy than bitcoin, so there's that. Also, you're talking about a system that nobody owns, but everyone can use.  The value in that alone is massive.  People cannot be censored with money. 

Here are some links to where crypto has done some great things for people in times of need:

Ethereum uses 99.9% less energy than bitcoin, so there's that. Also, you're talking about a system that nobody owns, but everyone can use.  The value in that alone is massive.  People cannot be censored with money. 

Here are some links to where crypto has done some great things for people in times of need:
https://www.wsj.com/articles/how-crypto-is-helping-ukraine-russia-currency-donations-transfer-infrastructure-11648065166

https://www.bloomberg.com/news/articles/2022-03-31/ukraine-s-crypto-banker-describes-how-war-is-changing-his-life