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Watts for financial freedom — Why Proof of Work is a necessary use of energy. (anarkiocrypto.medium.com)

submitted 2 years ago by AnarkioCrypto@lemmy.ml to c/crypto@lemmy.ml

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[–] Gunther@lemmy.ml 2 points 2 years ago (1 children)

I find the topic very interesting, but this seems like a shallow take. The article didn't even address proof of stake as an proof of work alternative for crypto.

[–] AnarkioCrypto@lemmy.ml 2 points 2 years ago

Not shallow to me. I can't get a bank account, credit card or Paypal, so cryptocurrency is the only possibility for me to work remotely and shop online. (Cash works for local stores and apartment rentals, but local work for cash is difficult to find and most online stores don't accept cash by mail.) People rarely mention the financial inclusion benefits of cryptocurrencies, even though it's the only way to send money online that doesn't require government ID.