Cryptobros only real argument for crypto (and against real data), is that it’s a way to subvert the dominate economic system which elites use to keep people down. The thing is - they are bought in because they want to be ultra wealthy, not because they want to democratize wealth.
Reposted from
ryan cooper
"To give a sense of the scale of the inefficiency, analysis we did in the Biden administration gave an example of Walmart’s blockchain usage that was up to 50 million times (not a typo) less efficient, in terms of compute, than a traditional database configuration."
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