Quote:
Originally Posted by jimjamuser
In a world with many energy problems such as having a finite amount of fossil fuel and a growing world population with no moderation in sight - most of Europe facing harsh freezing winter conditions - Russia being in control of Ukraine's largest nuclear plant with fighting all around it. It seems to me like a bad time to be wasting large amounts of energy on the competition to mine more cryptocurrency at the fastest rate for a relatively small number of investors in a product that may not even be a useful product and might just be techno-gambling.
Obviously, I am not a crypto expert and never saw a need to be one. But, the more I read about it the more I think that people should run away from the concept and that governments should regulate cryptocurrency.
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I agree. It is a monumental waste of natural and human resources that has made just as many people poorer than more wealthy. Caveat emptor.