The Ethereum network just backstabbed the community by partnering with WEF.
(dossier.substack.com)
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You're telling me a currency in which hundreds of thousands of people across the world have high power PCs running 24/7 to mine this coin, and requires the electrical grid in order to even function, is more climate friendly than straight up coins or paper? Clown world indeed.
B-but to make paper you need to burn down all the trees!
Does anyone even use paper anymore? Haven't most countries moved to highly complex plastic bills these days?
So oil then? Sounds very environmental.
If you make your own coins, the government will come kick your ass.
You have it mixed up, the system you refer to is proof of work. They have switched away from that to proof of stake, which is explained elsewhere in the thread.
It's a lot more efficient than coins or paper.