It won’t crash to zero as long as there is a computer mining that supports the network. Normies that talk about the environmental impacts of cryptocurrencies don’t understand.
How many wars were created over fiat currencies and the power plays of politicians and central bankers?
Fiat currencies are inflationary, so they encourage economic growth (at what cost? At whose expense?). That inflation also attenuates the indebtedness of states, it is like an invisible tax against the poor and the financially uneducated.
There are cryptocurrencies that are trash, that don’t provide privacy, etc., but you can’t tar everything with the same brush. Moreover, the environmental impact is minimal compared to fiat currencies. There are cryptocurrencies that pollute more than others, of course. For those who care more about the environment, there are cryptocurrencies that do not use proof-of-work algorithms.
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It won’t crash to zero as long as there is a computer mining that supports the network. Normies that talk about the environmental impacts of cryptocurrencies don’t understand.
How many wars were created over fiat currencies and the power plays of politicians and central bankers?
Fiat currencies are inflationary, so they encourage economic growth (at what cost? At whose expense?). That inflation also attenuates the indebtedness of states, it is like an invisible tax against the poor and the financially uneducated.
There are cryptocurrencies that are trash, that don’t provide privacy, etc., but you can’t tar everything with the same brush. Moreover, the environmental impact is minimal compared to fiat currencies. There are cryptocurrencies that pollute more than others, of course. For those who care more about the environment, there are cryptocurrencies that do not use proof-of-work algorithms.
You’ve just used the word “normie”. Why would anyone even read the rest of the post?
I know I didn’t.