Several of the farmers protesting at the Polish botder are borderline state actors on Russian behalf, with connections to government officials being proven. Make of that what you will.
Are you really gonna spew this line of reasoning dear crypto bro?
You know the answer and energy cost of both here. One serves an entire a nation at an energy cost that is less than this waste of computation.
The other causes a enegy cost equivalent to entire countries for a total of 250k transactions. Never mind the sheer monumental ewaste generated. Bitcoin is a trash currency and any advocates are garbage for the sheer environmental disaster they cause. It single handedly undoes renewable trends but le number goes up.
The fact this low hanging fruit hasn’t been banned from above is frankly shameful.
Like proof of stake, which seems to just codify the bad parts of capitalism?
> Critics have argued that the proof of stake will likely lead cryptocurrency blockchains being more centralized in comparison to proof of work as the system favors users who have a large amount of cryptocurrency, which in turn could lead to users who have a large amount of cryptocurrency having major influence on the management and direction for a crypto blockchain
Wow. That's a really high horse you're riding over there. Are you saying that the "crypto bros" are using free electricity to power the likes of bitcoin?
If they are paying for the electricity what are you actually arguing against? The free market? Freedom?
Next time you start getting ideas abour banning things look into history for examples when banning shit was attempted and what happened.
If it is unclear what I am saying, read my comment again.
Pretty obvious what I am saying that as a currency Bitcoin is garbage.
The value is artificially propped up with tether, easy trading and illegal activity. The energy costs undoes any green movements all so number goes up.
It provides 0 useful economic activity for a Country and should have been banned years ago if governments were run competently.
The world would be a better place if it never existed and proponents are garbage people.
On what grounds could a country's public servants prevent people using electricity in a way that harms no one else, after purchasing said electricity in the free market from approved suppliers?
It's absolutely none of your business what I do with electricity after I've purchased it, so long as I don't use it to harm anyone else. If you try to stop me, I'll sue you for damages.
Aha! Please tell me more about how your 7 transactions per second magic internet money is going to replace global finance and help the unbanked in Africa! BTW, have you guys decided whether your funny token is an asset or currency?
Through fast payment rail networks built on top. But that's not important to it's success. The "funny token"'s base layer (the bitcoin network) is optimised for storing large amounts of value for large periods of time meaning that it will attract a large portion of the wealth in the world just as it is.