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TopicNFTs are a scam right?
red13n
04/12/21 6:19:12 PM
#23:


Punnyz posted... I understand most everything else bad with NFTs but I don't understand the "bad for the environment" thing

I mean, is it any worse than use using our phones or computers to post here right now?

if it IS worse, why or how?
Dumb way I have been describing the harm of crypto:

Because when say, you use your computer to calculate 1+1, it just straight up calculates 1+1. It doesn't need to grow more complex.

Everytime say bitcoin or whatever calculates 1+1, it needs to leave a record of that 1+1 that is unique to that calculation. In doing this, it requires bitcoin to become more and more complex, even for simple computations. Every time 1+1 is done in bitcoin, it is more complex than the last time it was calculated, requiring more processing power. Everyday computing doesn't have this problem, power consumption doesn't have a need to grow more and more complex. Every time you put 1+1 in your PC, it requires the same amount of processing power.

By nature bitcoin is designed to grow more and more power hungry, individual PC's do not.

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