The environmental issue is only one part of the problem with Crypto as an entire enterprise, and as it was stated above- NFT's exist to create a dollar base that feeds into the pyramid, so people on top of the pyramid can start cashing out.acidburn wrote: ↑Sun Apr 17, 2022 8:54 am
Tim - crypto to the side, you screen print and sell and ship paper goods. The environmental impact of what you do alone is not good either.
While I definitely want to help and protect the environment as much as I can, I’m not sure how you avoid the idea that our entire business up and own is kind of bad so it’s odd how you keep bringing it up here as if what you do is perfect.
The issue with everything you just said is that even if 90% was fixed like low gas to buy things (it seriously cost ppl $10 to mint a free nft from us the other day) and Pow to POS (eth to me will be the main currency and will ultimately become PoS and many chains are PoS), you’ll still find something wrong with it and that’s fine. You just don’t need to do the whole crypto sandwich routine and stick to it sucks.
And you like making money and it’s def a factor in what you do and your business model. I know this because you always let us know business is good. You being an artist just helps.
The thing is- paper mills are supplied by tree farms, and the act of growing trees and making paper-pulp takes carbon out of the environment- it is sequestered in paper. Printing, packing, shipping paper is not a net-zero carbon effort- but it's done about as efficiently as possible- because shipping companies want to save on fuel- they have a profit motive to keep their fuel expenditures low.
Crypto based on Proof-of-work blockchains are PURPOSEFULLY wasteful and inefficient- by design. There's no reason for it to exist this way, other than greed. (the greed of those that collect on transaction fees.) They could have run a self-verifying, decentralized spreadsheet literally any other way- but they chose this. It is unsustainable.
Putting physical goods in people's hands is never going to be without a carbon cost.
Putting pyramid-scheme scam-tokens into digital wallets doesn't need to have a carbon cost...and yet...
Yes, I do like making money. But individual wealth should not come at the cost of the greater society.
I feel bad for people who have fallen into the greater scam at the heart of Crypto and NFT's in general.