Viewing a single comment thread. View all comments

ArkeryStarkery t1_iz2aw95 wrote

Reply to comment by MntVrt in Molly Gray is being honored by the Vermont Council on World Affairs for...something? by RandolphCarter15

yeah dude, that's... the whole game lol

I stopped supporting candidates who I saw as morally pure around 2006, 'cause that's when I figured out they literally cannot get anywhere. Welcome to capitalism!

Also on a more specific note, anybody who got grifted by the climate-destroying crypto scams in this year of our lord 2022 absolutely deserved it, I have no moral problems with seeing rich fools parted from their money

8

deadowl t1_iz2hlxx wrote

Ethereum recently switched from proof-of-work to proof-of-stake (if you're concerned about cryptocurrency and mining).

0

ArkeryStarkery t1_iz359rl wrote

I do not know what that means and I suspect I'm happier for it.

6

deadowl t1_iz3h958 wrote

It's basically like the older PGP/GPG technology compared to the more prevalent and high-electricity-consumption solution in the mining of computational complexity.

So basically I believe the dip in BTC and cryptocurrencies in general is because centralized investment went out having been tied directly to electricity prices, amplified by speculation. I'd also think to look into, as a possible cause of previous market fluxes in cryptocurrency, the crackdown on Silk Road, where BTC value was tied in some part to drug market prices.

−1