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Comment blockchain is a complete fraud (Score 2) 66

There is no such thing as "extra electricity", only wasted electricity. Bitcoin's energy usage produces absolutely nothing positive for society.

Watch this documentary on the subject.

It's funny that they use really messed up, third world countries as some sort of crypto "use case." These are societies that will try anything and have very lax regulation and environmental standards. Bitcoin doesn't solve any of their real problems. It's just more exploitation.

Comment Re:The limits of science (Score 3, Insightful) 77

Certain topics do not lend themselves very well to the scientific method.

It's kind of hard to set up 100 universes, say, and run them through a few billion years. You can't do the experiment part.

Sometimes a hypothesis has potentially observable implications, even if a mad scientist can't reproduce everything in their lab.

Comment The whole industry is a giant decentralized scam (Score 1) 9

It's about time everybody realize there's very little going on in the crypto industry that's not fraud and grift.

Here is a great documentary explaining why. It's a shame it isn't getting the attention it deserves, but I guess crypto companies are still prime advertisers in mainstream media and nobody wants to bite the hand that feeds.

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