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this post was submitted on 25 Jul 2026
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Also, cryptocurrency. Actually, it's all cryptocurrency, please invest in the pretend money we're wizarding out of the void.
its not pretend. there is a lot of energy used to no purpose involved.
I think we're basically in agreement. The energy expenditure is real, but it adds no real value to the product. In a very real way, it is make believe — even more so than real money.
yeah it kinda crack me up that it tends to attract the same folk who did not trust fiat currency. That at least has laws about it having to be taken and a tax base. Only one I have any interest in is gridcoin because at least it has a basis of value and does not waste its energy.