Is cryptocurrency good for anything?

https://lemmy.world/post/44862231

Is cryptocurrency good for anything? - Lemmy.World

Can I buy a pizza with it or pay my bills with it? Can my employer pay me in it? Or is it just an “emperor’s new clothes” thing? I just don’t see the tangible value in it. Rhetorical questions, BTW, I know you can’t buy a pizza with it, at least outside of some edge cases that I’m not aware of. I thought what made money money was everyone agreed it was valuable and was willing to exchange it for goods and services directly. I don’t see that with crypto.

Bitcoin alone uses more electricity than Norway.

And that electricity is mostly from burning coal, so crypto is great for creating global warming

Bitcoin burns so much energy because it’s developers are stubborn. It’s really that simple. Ethereum transitioned to a different algorithm that uses a fraction of that energy and only a few dorks care.