this post was submitted on 04 May 2024
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Gridcoin
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Gridcoin (GRC) is a cryptocurrency that incentivizes participation in the production of science. We reward people for volunteering their computational resources towards open drug discovery, physics, astronomy, math and other community-approved research projects. Help cure diseases, fight cancer, solve mathematical equations and map the galaxy while being rewarded for your contribution. We're building an economy based on science which you can participate in every time you use GRC.
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Why does a successful decade old project, which like you say has great scientific results, need a cryptocurrency slapped on the side? What problem does that even solve?
except moving real money from A to to B in exchange for monopoly money?
A little cashback for energy bills.
In the form of “grid tokens”? Which I can then exchange for money.
Not exactly cashback.
What makes it cashback for you? If it comes in the form of dollar banknotes or what? Why does the currency matter as long as you can exchange it? I honestly think youre more into staying your ground than to discuss anything (dont want to sound too offensive and i would love learn new things about pros/cons of decentralized currency/fiat, i didnt form any opinion about that and dont understand too much about that to be fair)