

Yeah, I’ll throw my voice into the downvote chain and say you’re absolutely right. Saying crypto is tied to Moore’s law is hot garbage. I really, really don’t want to defend crypto here since 98% of its use now is for scamming people, but there are a lot of clever consensus algorithms now that escape scalability issues. Computational waste is still a problem across the board, but that trend is shrinking in some of the newer coins, not growing.
Like I said, I wouldn’t touch crypto with a ten-foot pole, but everything you said here is completely correct, right down to the co-optation of what started as a set of impressive enthusiast projects.
I mean, I’m not about to leave Lemmy, this place scratches an itch that only old Reddit and Digg gave me. But competition for the steaming greedy shitpile that Reddit’s become is welcome to me, better to keep them on their toes after their awful anti-user antics.