35 crypto companies got together to make a change dot org petition called “Bitcoin Deserves an Emoji”.

F that

  • gerryflap@feddit.nl
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    3 months ago

    No, people just don’t like crypto because it’s a huge waste of energy that has no use for the average person at the moment and is only used by rich people to get richer without much regulation. Don’t get me wrong, it might definitely be useful when used correctly in the future. Not wasting as much energy by ditching proof of work, becoming actually useful for normal transactions, etc. But right now it’s just an overhyped technology for obnoxious cryptobros.

    • prole@lemmy.blahaj.zone
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      3 months ago

      Bitcoin ≠ cryptocurrency.

      Ethereum lowered it’s power consumption by over 99% after switching to Proof-of-Stake.

      Bitcoin was the first cryptocurrency and we don’t even fucking know who came up with it.

      How about we don’t throw away the possibility of 5.1 Surround Sound Blu-Ray Audio, because wax cylinders sound like shit?

      “Computers are cool and all, but they take up entire rooms and only do simple calculations! It’s a complete waste of time and money to invest in such a technology!”

      ^That’s you

    • index@sh.itjust.works
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      3 months ago

      No, people just don’t like crypto because it’s a huge waste of energy that has no use for the average person

      This is actually part of government propaganda to discredit cryptocurrencies.

      Lemmy servers consume energy too and half of the content is memes, i don’t see anyone complaining about it.

      • Opisek@lemmy.world
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        3 months ago

        You can’t begin to imagine just how much energy cryptocurrencies use. A web server can never come close.

        • index@sh.itjust.works
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          3 months ago

          I’m sure meta or google energy usage is up there but i’ve yet to see someone complaining about mr.beast or cristiano ronaldo wasting energy with their videos.

          • Echo Dot@feddit.uk
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            3 months ago

            Yeah because they have a lot of servers. The problem is each individual web server does not use a lot of energy whereas each individual server running a crypto currency blockchain uses a lot of energy for that one server.

            • index@sh.itjust.works
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              3 months ago

              or more like because the government doesn’t have problems with people keeping themself busy on entertainment vs them using a decentralized and open currency that can bypass financial institutions

              • Flying Squid@lemmy.world
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                3 months ago

                I’m pretty sure the government isn’t forcing people to watch YouTube and neither of the people you mentioned are government employees, unless you’re concocting some elaborate Alex Jones-level conspiracy theory.

                • index@sh.itjust.works
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                  3 months ago

                  You seem to have same comprehension problems or to be in bad faith. Read carefully what i wrote, it’s nothing of what you said.

                  Trying to label everything as a conspiracy theory is something the government and propaganda have been doing excessively over the past years. You may not like it to hear it but every time cristiano ronaldo appears in state media and gets paid for it they are indeed working for the government. When the government put restrictions on youtube competitors such tiktok or when they use it to broadcast official events, they are indeed forcing you to use youtube.

                  That’s not the point of the discussion anyway: cryptocurrencies aren’t controlled by the government and hard to control by design, there lies the government interest to boycott them.

                  • Flying Squid@lemmy.world
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                    3 months ago

                    Maybe if it was controlled, it wouldn’t constantly fluctuate in value and would actually be worth buying things with without hoping for a day when it’s worth more and you’re richer.

          • JustAnotherRando@lemmy.world
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            3 months ago

            Pretty sure people have been shitting on AI pretty heavily as well, partly for those reasons (but also for several others).

    • Katana314@lemmy.world
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      3 months ago

      I mean…I’ll go one further. I know there have been many historical “aged like milk” quotes, like about how much RAM computers need, but I’m still saying this in confidence: I don’t think that cryptocurrency or blockchains will ever have a useful purpose. Their design is built to solve societal problems, but introduces worse problems in implementing them. This goes well beyond just taking too much electricity.