commit: e127af86db6808558a7455262a98a2ebb07c39aa
parent 4e7a91d05cd82f8574882d818c87e17f080bb309
Author: Drew DeVault <sir@cmpwn.com>
Date: Tue, 27 Apr 2021 09:14:32 -0400
s/CO²/CO₂/
Diffstat:
2 files changed, 2 insertions(+), 2 deletions(-)
diff --git a/content/blog/Cryptocurrency-is-a-disaster.gmi b/content/blog/Cryptocurrency-is-a-disaster.gmi
@@ -20,7 +20,7 @@ There are hundreds, perhaps thousands, of cryptocurrency scams and ponzi schemes
That’s what cryptocurrency is all about: not novel technology, not empowerment, but making money. It has failed as an actual currency outside of some isolated examples of failed national economies. No, cryptocurrency is not a currency at all: it’s an investment vehicle. A tool for making the rich richer. And that’s putting it nicely; in reality it has a lot more in common with a Ponzi scheme than a genuine investment. What “value” does solving fake math problems actually provide to anyone? It’s all bullshit.
-And those few failed economies whose people are desperately using cryptocurrency to keep the wheel of their fates spinning? Those make for a good headline, but how about the rural communities whose tax dollars subsidized the power plants which the miners have flocked to? People who are suffering blackouts as their power is siphoned into computing SHA-256 as fast as possible while dumping an entire country worth of CO² into the atmosphere?2 No, cryptocurrency does not help failed states. It exploits them.
+And those few failed economies whose people are desperately using cryptocurrency to keep the wheel of their fates spinning? Those make for a good headline, but how about the rural communities whose tax dollars subsidized the power plants which the miners have flocked to? People who are suffering blackouts as their power is siphoned into computing SHA-256 as fast as possible while dumping an entire country worth of CO₂ into the atmosphere?2 No, cryptocurrency does not help failed states. It exploits them.
Even those in the (allegedly) working economies of the first world have been impacted by cryptocurrency. The price of consumer GPUs have gone sharply up in the past few months. And, again, what are these GPUs being used for? Running SHA-256 in a loop, as fast as possible. Rumor has it that hard drives are up next.
diff --git a/content/blog/Cryptocurrency-is-a-disaster.md b/content/blog/Cryptocurrency-is-a-disaster.md
@@ -93,7 +93,7 @@ to keep the wheel of their fates spinning? Those make for a good headline, but
how about the rural communities whose tax dollars subsidized the power plants
which the miners have flocked to? People who are [suffering blackouts][blackouts]
as their power is siphoned into computing SHA-256 as fast as possible while
-dumping an entire country worth of CO² into the atmosphere?[^2] No,
+dumping an entire country worth of CO₂ into the atmosphere?[^2] No,
cryptocurrency does not help failed states. It exploits them.
[^2]: "But crypto is far from the worst contributor to climate change!" Yeah, but at least the worst offenders provide value to society. See also [Whataboutism](https://en.wikipedia.org/wiki/Whataboutism).
