Quote:
Originally Posted by HPsauce
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It's something that has bugged me too actually.
It is easy to say that the banking sector probably uses a lot more and is far more wasteful with resources. This is probably true.
You can also argue that many other things we do are wasteful. I like my car and driving fast for example. I like films and TV, neither really do much for the betterment of mankind. Ice in my Whisky, Whisky etc. All of these are true. We are MASSIVELY wasteful as a planet and pointing fingers and saying THEY ARE WORSE, just relieves the guilt and we carry on doing what we like!
It is interesting that Crypto is starting to drive innovation in terms of hardware, software and thinking. All are a good benefit and having something to drive us to improve is good.
However I do wonder if those Crypto algorithms couldn't be used for doing something a bit more worthwhile. Analyzing data, SETI type stuff or cracking scientific code. If i could Mine coins and solve cancer i'd be happier still