Texas-based writer and hol.ogra.ph co-admin

Feel free to follow me at @gil@hol.ogra.ph

(he/they)

  • 9 Posts
  • 8 Comments
Joined 1 year ago
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Cake day: June 1st, 2023

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  • Well, to be more frank, I am wary of cryptocurrency and especially the marketing of it as relief for the ills of capitalism. It doesn’t help that mining for cryptocurrency is highly energy-intensive (much of that power being sourced from fossil fuels) and e-waste-producing, or that it’s simply become a vehicle for high-risk financial speculation as well as run-of-the-mill fraud and scams. In short, to me, cryptocurrency is bad, or at least the negatives outweigh any potential positives.

    If you have trouble with that implication, that’s fine, that’s your opinion, but I don’t like having my view reduced down to “bad bcz crypto lol” just because I didn’t sufficiently explain it initially. I don’t post or comment in this community just to be nitpicked or belittled.