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04-01-2021, 12:01 PM | #10111 (permalink) | |
No Ice In My Bourbon
Join Date: Mar 2010
Location: /dev/null
Posts: 4,326
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As it scales and adoption becomes more widespread, more capital will flow into re-engineering it and optimizing it. Of course, if crypto reaches a wide adoption and scales massively in both infrastructure and support - but the underlying technology never changes - then yes, we'd have an issue. But it's highly unlikely that's how it will play out. |
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04-01-2021, 12:24 PM | #10112 (permalink) |
Music Addict
Join Date: Jun 2013
Location: livin wild
Posts: 2,179
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This is similar to what's been said since the beginning, but that's not how it works. If you're mining anything on a blockchain (whether it's cryptocurrency or not), you're betting on it costing more resources tomorrow to mine. And every further link in the chain does get more resource intensive to build.
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04-01-2021, 12:54 PM | #10113 (permalink) | |
No Ice In My Bourbon
Join Date: Mar 2010
Location: /dev/null
Posts: 4,326
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Quote:
You're betting that it will scale up and expand but the underlying technology and energy sources will remain in stasis. Cryptocurrency, with greater adoption, could very well be a boon to renewable energy infrastructure and accompanying political solutions. The last 10 years of cryptocurrencies' usage and implications aren't a good predictor for what the future holds. |
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04-01-2021, 01:09 PM | #10114 (permalink) |
Jacob Sartorius
Join Date: May 2016
Location: Dank memes
Posts: 4,033
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Yeah. Been awhile. I've been mostly working on some weirdo metal shit. I haven't recorded nothing in a while. I did record something that was my take on clapping music by Steve Reich. How about you?
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04-01-2021, 03:25 PM | #10115 (permalink) | ||
Music Addict
Join Date: Jun 2013
Location: livin wild
Posts: 2,179
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Also I'm not just talking about currency. NFT's are arguably even worse (at least i can understand the value that bitcoin, etc attempts to provide) |
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04-01-2021, 05:32 PM | #10116 (permalink) | ||
midnite roles around
Join Date: Sep 2015
Location: Raleigh, NC
Posts: 5,302
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I've been doin p good ups and downs but mostly hella recording projects at any given point. I think I'm in 5 bands atm? Newest one is a deathrock/goth project
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04-01-2021, 07:43 PM | #10118 (permalink) | |
Zum Henker Defätist!!
Join Date: Jan 2011
Location: Beating GNR at DDR and keying Axl's new car
Posts: 48,199
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His new band's dropping the Uber Dookie EP on the 12th.
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04-01-2021, 08:22 PM | #10119 (permalink) |
silky smooth
Join Date: Aug 2011
Location: Pangaea
Posts: 4,079
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Are you telling me you wouldn’t listen to an album called “Uber Dookie” that was made by a band called Superpoop?
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http://cloudcover1.bandcamp.com/ http://daydreamsociety.bandcamp.com/ 9-Time Winner of MusicBanter's "Most Qualified to be a Moderator" Award |
04-01-2021, 08:39 PM | #10120 (permalink) | |
Zum Henker Defätist!!
Join Date: Jan 2011
Location: Beating GNR at DDR and keying Axl's new car
Posts: 48,199
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I'm saying that I'm a prick.
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