Thanks. In the example raised in my question, I do agree that the donation is perhaps acceptable. Though the comparison with Bill Gates is perhaps not very appropriate. Microsoft does provide a tangible service. In contrast, the contribution of cryptocurrency to the world appears to be very much negative.
In contrast, the contribution of cryptocurrency to the world appears to be very much negative.
Is this based solely on the electricity usage? You haven’t given any other reason why we should assume that crypto money was obtained unethically—and the electricity reason seems to be a pretty weak one to me.
Why is electric usage a weak argument? BitCoin alone consumes 144.28
TWh per year. That is more that what Sweden consumes a year. And what we get for this in return?
Given that we are talking about Ethereum, Bitcoin’s energy usage is completely irrelevant to this discussion expect for Ethereum having the best chance to stop Bitcoin from wasting so much energy.
Thanks. In the example raised in my question, I do agree that the donation is perhaps acceptable. Though the comparison with Bill Gates is perhaps not very appropriate. Microsoft does provide a tangible service. In contrast, the contribution of cryptocurrency to the world appears to be very much negative.
Is this based solely on the electricity usage? You haven’t given any other reason why we should assume that crypto money was obtained unethically—and the electricity reason seems to be a pretty weak one to me.
Why is electric usage a weak argument? BitCoin alone consumes 144.28 TWh per year. That is more that what Sweden consumes a year. And what we get for this in return?
Given that we are talking about Ethereum, Bitcoin’s energy usage is completely irrelevant to this discussion expect for Ethereum having the best chance to stop Bitcoin from wasting so much energy.