Name a government that hasn't inflated it's currency. Even fiscally responsible governments pull that stunt, particularly in times of war.
And your complaining about "waste" in computers doing math, when the "waste" of a fiat currency is also doing math, money-changing, and printing money such that the costs of everything in the economy goes up. The "waste" in a fiat currency literally bankrupts you, directly.
The powergrid of wallstreet is absolutely nothing compared to all of the bitcoin miners on earth combined and multiplied by 10. High Frequency Traders literally build entire buildings to buy and short stocks in milliseconds. They specific geographic location of these buildings is incredibly important to them because speed-of-light-transactions are too slow.
Complaining about code from the 1970's doesn't make any sense either. Earlier versions of code make better use of computing costs and space. It's like complaining that someone coded something in assembler. If they did, it's probably for a very good reason.
Yes, you are arguing against currency itself. You are refusing to understand that there is enormous cost in energy in moving money around as cash, let alone transmitting it across multiple cloud networks across the earth in the form of your bank account. Your criticisms are ridiculous.
HFTs are not scams, it is simply the mechanism of what exists. You're complaining about waste, and pretending that only crypto is capable of what you are declaring to be "waste".
It sounds much more like your complaint is about "Capitalism", which is why I think you are actually being a dishonest 3rd Positionist.
Name a government that hasn't inflated it's currency. Even fiscally responsible governments pull that stunt, particularly in times of war.
And your complaining about "waste" in computers doing math, when the "waste" of a fiat currency is also doing math, money-changing, and printing money such that the costs of everything in the economy goes up. The "waste" in a fiat currency literally bankrupts you, directly.
The powergrid of wallstreet is absolutely nothing compared to all of the bitcoin miners on earth combined and multiplied by 10. High Frequency Traders literally build entire buildings to buy and short stocks in milliseconds. They specific geographic location of these buildings is incredibly important to them because speed-of-light-transactions are too slow.
Complaining about code from the 1970's doesn't make any sense either. Earlier versions of code make better use of computing costs and space. It's like complaining that someone coded something in assembler. If they did, it's probably for a very good reason.
Yes, you are arguing against currency itself. You are refusing to understand that there is enormous cost in energy in moving money around as cash, let alone transmitting it across multiple cloud networks across the earth in the form of your bank account. Your criticisms are ridiculous.
why are you bringing up scams involving currencies when we're talking about just currencies?
do you realize how much of a failure that discussion would be for you considering the infamy of crypto and its rugpull culture?
wonder what you can do with crypto and its extremely unstable prices...
HFTs are not scams, it is simply the mechanism of what exists. You're complaining about waste, and pretending that only crypto is capable of what you are declaring to be "waste".
It sounds much more like your complaint is about "Capitalism", which is why I think you are actually being a dishonest 3rd Positionist.