this post was submitted on 20 May 2024
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I actually considered a non-governmental, community regulated currency as a pretty good idea.
Problem is, crypto is too ecologically expensive and wasteful to fit the bill.
While there were some interesting ones, that actually used the processing power for something useful, most are not. So for now, I'll just go with governmental currencies.
Only some (proof of work) crypto is ecologically expensive and wasteful.
As long as they use energy they are wasteful, considering they don't provide anything constructive for that wasted energy which could have been used for better things.
By this argument any website is wasteful. There's always a "better thing".