Just got very lightly flamed by another user for making fun of crypto and was told that Lemmy and crypto have “the exact same advantages and disadvantages”. Now I disagree heavily there, since even if it shares some principles I’d argue that the scale of the problems change when you’re talking about a global finance system versus a social media platform filled with beans. But it did get me curious- how many of you are crypto supporters?
I am not. Plus the ones needing to be mined by wasting of ton of energy are basically an environmental disaster.
Untrue. Proof of stake is just as common as proof of work. Bitcoin is still proof of work, but Ethereum switched last year to proof of stake and consumes a fraction of the power.