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... because FIAT currency is inflating? As opposed to certain crypto-currencies that literally can't? LOL ROFTL at the ignorance.
(posting here to avoid derailing the original thread)
What problems has cryptocurrency solved so far?
From my perspective, here is what it has accomplished:
1. Enriching some people, mostly shady folks (blackhat hackers, malware developers/scammers, drug dealers etc.), miners and scalpers
2. Jacking up GPU prices to the detriment of everyone who needed a GPU at a reasonable price and for whom the GPU was originally intended for.
3. Made global warming worse.
4. Increased pollution where the electricity production involved fossil fuels (coal fired power stations).
If it has done ANY good at all, it is far outweighed by the mostly irrevocable damage it has left in its wake. If fiat currency has an inflation problem, everyone needs to get together to fix that and that means fixing the banking sector (the real bad guys/sharks).
Cryptocurrency may very well be the future but the havoc it has caused is beyond measurable.
www.businessinsider.com/personal-finance/cryptocurrency-environmental-impact
"The more people learn about crypto, they learn about all the options, and they can easily decide not to use one crypto and therefore use another which is more environmentally friendly, and doesn't use proof of work," he says. "The options are there, but you need to get educated to even see the wider options, and use them."
^^^this. As always, ignorance and greed is behind this mess humanity has created for itself. We WILL learn from this stupid mistake sooner or later but it will come at a grave cost and most likely when it is too late.
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