crypto and the environment, nuance
your relationship with crypto and the environment shouldn’t have to be black and white. don’t beat yourself up if you’ve got a little bit of doge or brought yourself out of poverty using a little bit of btc. trust me before you even notice it your credit card will be giving you 2% back on your groceries as crypto. in a world where you need money to survive its not wrong to be trying to get savy with this new form of future-money thats probably going to become necessary at some point. there’s definitely a lot of bad out there but that’s not all it is. fiat currency is plagued with companies like western union that exploit millions of dollars out of poor people daily. you can actually set up a couple accounts and an app on your phone and instantly have so much more agency over moving and saving your own money. if i lived in a country with a hyper inflated currency, i would be so grateful that there are some pretty damn decent altcoins out there.
there’s a lot of inevitability behind this sort of technology. its sovereign design means that it can’t really be canceled once its passed its critical mass. participation isn’t healthy for the environment. but when has money ever been good for the environment? remember, no ethical consumption under capitalism. if we’re serious about this we need to not forget about the developers. ultimately its up to them to make sure crypto ends up in a good place. there needs to be better ways to support ethically minded developmental work into these projects. if people can be properly compensated for their effort then they’ll be less likely to design it unsustainably.
open-source is amazing and blockchain tech is really cool! NFTs as a commodity as we’ve learned, can become seriously terrible, but non-fungible tokens are conceptually really cool, we’re going to see bits of that technology integrated all over our digital lives in coming years, like encryption or 2fa, i think it’ll be cool
to completely hop onto the fake environmentalist twitter bandwagon is completely disregarding the open-source history and structure of a lot of crypto technology. so many cool technologies like printing, internet, wifi, social media have all been similarly besmirched by capitalism. there is the possibility to do a lot of harm, but there is just as much power to do good with it. we need to make sure that we have a say, and are pushing for ethical development instead of abandoning it for someone more nefarious to exploit.
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