Reminder: crypto isn’t solarpunk. It’s cyberpunk.

https://slrpnk.net/post/8460467

Reminder: crypto isn’t solarpunk. It’s cyberpunk. - SLRPNK

Listening to a recent episode of the Solarpunk Presents podcast reminded me the importance of consistently calling out cryptocurrency as a wasteful scam. The podcast hosts fail to do that, and because bad actors will continue to try to push crypto, we must condemn it with equal persistence. Solarpunks must be skeptical of anyone saying it’s important to buy something, like a Tesla, or buy in, with cryptocurrency. Capitalists want nothing more than to co-opt radical movements, neutralizing them, to sell products. People shilling crypto will tell you it decentralizes power. So that’s a lie [https://youtu.be/imZu4sY0kr0?si=ejIywdD20HNbdaIR&t=894], but solarpunks who believe it may be fooled into investing in this Ponzi scheme that burns more energy than some countries. Crypto will centralize power in billionaires, increasing their wealth and decreasing their accountability. That’s why Space Karen Elon Musk pushes crypto. The freer the market, the faster it devolves to monopoly. Rather than decentralizing anything, crypto would steer us toward a Bladerunner dystopia with its all-powerful Tyrell corporation. Promoting crypto on a solarpunk podcast would be unforgivable. That’s not quite what happens on S5E1 “Let’s Talk Tech [https://podcasts.apple.com/us/podcast/solarpunk-presents/id1665735949?i=1000651074959].” The hosts seem to understand crypto has no part in a solarpunk future or its prefigurative present. But they don’t come out and say that, adopting a tone of impartiality. At best, I would call this disingenuous. And it reeks of the both-sides-ism that corporate media used to paralyze climate action discourse for decades. Crypto is not “appropriate tech,” and discussing it without any clarity is inappropriate.

I just wish people who complained about it would spend at least 5 seconds trying to think about an alternative way to achieve p2p electronic cash transactions that lacks the problems they see in cryptocurrency. But nobody ever does. At the very least, don’t try to convince me that the problems that cryptocurrency purports to try and solve aren’t real problems.
That is beside the point though. Crypto is very polluting, that’s really not compatible with solarpunk ideas.
How polluting is it?
UN Study Reveals the Hidden Environmental Impacts of Bitcoin: Carbon is Not the Only Harmful By-product

Global Bitcoin mining is highly dependent on fossil fuels, with worrying impacts on water and land in addition to a significant carbon footprint.

United Nations University
That’s just Bitcoin though. What about other implementations of crypto?