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Comment by rawtxapp | Hacker News Reader

It is useful if you consider having a non-governmental/internet native currency a useful thing.

If you don't see any value in that, it's gonna be hard to justify that computation.

It's not just non-governmental currency (in fact, it's rather crappy if regarded purely as e-currency), it's also basic infrastructure for decentralized trust. Currency is simply the most basic application of a fully distributed blockchain.

There are far less costly ways for the environment to achieve the same results.

This is simply unjustifiable, when thousands of people are actively running the planet to the ground to make a quick buck in an online casino.

Great, what's your proposal for the alternative then?

Are you talking about the stock market? Or the companies that have already more or less destroyed the planet to extract every last bit of profit?

> There are far less costly ways for the environment to achieve the same results.

I'd love to know what your top alternative is

Which of the crypto currencies is a "non-governmental/internet native currency"? From my POV they all seem like proto-NFTs.

Non fungible tokens are by definition not interchangeable.

Whereas things like Bitcoin and Ether are fungible, meaning there's no difference between my 1BTC and your 1BTC.

I said they were "proto" NFTs and one thing they have in common, again from my view point, is that you buy them and hope that someone else will pay you more for it later. Beyond that it's just entries of hope on the block chain.

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