I resist this eco-shaming we see everywhere. Flying: bad. Crypto: bad. Avocado: bad. It's total nonsense.<p>What we need is a very heavy tax on CO2eq, or on all pollution/ resource waste. A tax so heavy that we can lower other taxes as a result.<p>This way some products and services become more expensive in relation to others: the market will optimize low-pollution.<p>Eco-shaming is just sand in our eyes. Ban the plastic straws! Are you eating an avocado, seriously? This will not solve anything except for some people to have something to whine about.
These numbers are outrageous, and only solidify my already skeptic stance towards cryptos in general. In an era where people are encouraged to reduce their carbon emissions to protect the future of the planet, it seems irresponsible and stupid to waste hundreds of TWh annualy on solving completely pointless equations. Western governments need to step in and put an end to this madness.
It just reminds me of the people who pay to get "titles" in Scotland, etc. or "land" in Ireland - when you just get some pretend certificate.<p>Like the NFT isn't directly linked to the real world, it's only useful if everyone agrees to abide by it and that you own the thing (although I suppose you could say the same thing for most property ownership).
Doesn't help that this is being driven by what can only be described as a bubble right now and that NFT's are being used as a vehicle to commit fraud by selling other people's art.
> <i>...seemingly introduces a scarcity to those assets that might otherwise be unattainable.</i><p>For most of history, scarcity was something that humanity wanted to overcome (and the internet offered a glimpse into a world where it had been overcome).<p>Now a lot of brain power is spent to "attain" scarcity.<p>Where did we take the wrong turn?
I understand that NFT bound objects would inevitably be called "CryptoArt", but what should we call things like Kryptos now?<p><a href="https://en.wikipedia.org/wiki/Kryptos" rel="nofollow">https://en.wikipedia.org/wiki/Kryptos</a>
When the tezos blockchain is used for NFTs then there is no PoW involved. The footprint would shrink dramatically. For me it is unreasonable to not mention a already existing infrastructure in an article like this.
Mainstream artists are the masters of empty posturing. I am quite certain that the vast majority of them do not give a flying fuck about cryptoart's impact to the environment, one way or another.<p>There are people who stick to their guns and those who were always critical/proponents of crypto- good! But it'll all be forgotten once the fad goes through its course.