User:Adèle/afterwork drink: Difference between revisions
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"There are a lot of reasons you could point to to explain this value growth, including general adoption, the anonymity cryptocurrency allows in illegal purchases, and a robust scene of scammers manipulating prices for quick returns. But there is also a very simple and obvious reason, and this is that it is wasteful. It requires value (the price of electricity) to be wasted in order to be made, and inherits all of that value in the making." | "There are a lot of reasons you could point to to explain this value growth, including general adoption, the anonymity cryptocurrency allows in illegal purchases, and a robust scene of scammers manipulating prices for quick returns. But there is also a very simple and obvious reason, and this is that it is wasteful. It requires value (the price of electricity) to be wasted in order to be made, and inherits all of that value in the making."<br> | ||
"All that cryptocurrency does is abstract resources into a market by making those resources unavailable to the future."<br> | |||
"But climate justice must mean giving leadership and power to those who will bear the worst effects of climate catastrophe, including the very young, those living in the global south, those living rurally in coastal areas or farming regions, those living in poverty, those in marginalized communities, and particularly to indigenous communities who have actual experience in managing complex local ecosystems for generations without creating spiraling, resource-extractative devastation."<br> | |||
Revision as of 15:56, 10 March 2022
"There are a lot of reasons you could point to to explain this value growth, including general adoption, the anonymity cryptocurrency allows in illegal purchases, and a robust scene of scammers manipulating prices for quick returns. But there is also a very simple and obvious reason, and this is that it is wasteful. It requires value (the price of electricity) to be wasted in order to be made, and inherits all of that value in the making."
"All that cryptocurrency does is abstract resources into a market by making those resources unavailable to the future."
"But climate justice must mean giving leadership and power to those who will bear the worst effects of climate catastrophe, including the very young, those living in the global south, those living rurally in coastal areas or farming regions, those living in poverty, those in marginalized communities, and particularly to indigenous communities who have actual experience in managing complex local ecosystems for generations without creating spiraling, resource-extractative devastation."