this post was submitted on 03 Feb 2026
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Science Memes

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[–] FireRetardant@lemmy.world 13 points 12 hours ago (1 children)

This is a big part of it. Its about decentralization. Currently it has a massive environmental impact, but as renewable energy and better cooling technology develops, decentralized cryptocurrencies could be better than fossil fuel invested banks.

The decentralized nature does mean that sometimes criminals can use it, but some countries will consider you a criminal based on the color of your skin.

[–] mattyroses@lemmy.today 6 points 9 hours ago (1 children)

There are already cryptocurrencies with barely a fraction of the energy use of Bitcoin.

[–] zergtoshi@lemmy.world 1 points 4 hours ago

Once people realize how unsustainable Bitcoins economical scheme is, some of them will get more popular.
Don't get me started on all the other issues Bitcoin has...