Re: ✨✨✨ Are we wasting resources to make digital currencies? ✨✨✨
It appears that mining costs and the creation of crypto currencies consumes a lot of resources 
We have very little resources remaining in the world for each other and future generations. Does it make sense to waste resources like this? Could we do this in a cheaper and more economically friendly manner? And does the value of bitcoin directly correlate to the amount of resources and man hours that are destroyed in order to create it?
We have very little resources remaining in the world for each other and future generations. Does it make sense to waste resources like this? Could we do this in a cheaper and more economically friendly manner? And does the value of bitcoin directly correlate to the amount of resources and man hours that are destroyed in order to create it?
The adoption of cryptocurrencies are still small so that only medium to average companies are doing the mining, but still there are so many alternatives energy too, it just need a lot of budget in order to implement that. A solar powered mining farm is a pretty good example or that and some people are using the alternatives.
Creating the cryptocurrencies? Wasted? NO this is just its development and the efforts are not wasted. Look at the potential it can bring that to fiat. Destroyed what? Man hours? no what is destroying the world are the crude oils and fossil fuels. If we're serious about having the alternative supplies or using it, the government can do it in a mere time, the only problem is that the resources is a trillion dollar industry. There are so many businesses that will be affected, and then money will speaks again.