Green - An environmentalist community

5278 readers

1 users here now

This is the place to discuss environmentalism, preservation, direct action and anything related to it!

RULES:

1- Remember the human

2- Link posts should come from a reputable source

3- All opinions are allowed but discussion must be in good faith

Related communities:

Unofficial Chat rooms:

founded 5 years ago

MODERATORS

theloneforager@lemmy.ml

Chloe@lemmy.ml

What are your thoughts on green/private cryptos? (lemmy.ml)

submitted 2 years ago by libre_warrior@lemmy.ml to c/green@lemmy.ml

1 comments fedilink hide all child comments

Im interested in cryptos, because it could serve as a foundation for an internet funded by people and communities. A crypto that protects people's privacy and has a low energy cost.

But is this enough to make it ethical? Are there other aspects to take into concideration? Or is ethical cryptos possible?

In particular Im looking into Mobilecoin which Signal has integrated into their app.

top 1 comments

sorted by: hot top controversial new old

[–] 0xCAFE@feddit.de 0 points 2 years ago* (last edited 2 years ago)

I think it's perfectly possible to create a cryptocurrency that doesn't hurt the environment too bad (from the perspective of the technology). However blockchains/cryptocurrencies have other flaws, mostly by design. Since they're not democratic but libertarian, I don't see a future where everyone uses cryptocurrencies and we're saving our planet. There's way too much for-profit motivation behind the ideology and technology of cryptos.