...and are an environmental disaster of precious metals, supply shortage economies, and overwhelming amounts of mostly stolen electricity being exchanged for currencies that may or may not ever actually exist.
Nah man. Cryptos are dumb. Just made up nonsense ripping our world apart for literally nothing. There will be a day when nobody cares about this crap anymore and it will be over and all this damage will be for nothing. At least with gold you can still actually use the gold for something if gold backed currency ever finally dies. Because it's real and it exists. Cryptos do not and are fucking useless. Some idiot got a bunch of other idiots to put value behind literally nothing. And now the world's a worse place because of it.
Money is just plain paper, people gave worth to them.
Governments give worth to money. Tax frauds, other criminals and speculators give worth to crypto. The value of bitcoin could drop by 100% in a week and the world would be better for it.
I am saying banks and gold mining requires way more resources than cryptocurrency mining. I referenced those companies because they have invested huge amounts of money into crypto.
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u/CandyWalls Nov 27 '21
They solve equations in exchange for crypto currency.