Comment

Comment by toomuchtodo

Stock market trading is actually super efficient energy wise, comparatively, due to its centralized nature in a trusted environment. No need for proof of work or proof of stake, so no need to spin cycles for crypto trust theater (because you can still be prosecuted and sued if you steal crypto and it’s worth someone’s time to obtain justice; code as law until the cuffs are on or wallets are blacklisted at exchanges).

In this example, Ethereum is this enormous, slow distributed runtime moving image receipts and tokens around.

parent toomuchtodo 4 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton