In case you are just now emerging from your man-cave, your woman-cave or perhaps some basement (having been playing video games for the past couple years), here is a short note from one of my father’s (RIP) colleagues — you might want to pay attention to:
I’ve been trying to estimate the value of the resources consumed in producing fundamentally worthless tokens, and it’s probably in the tens of billions of dollars, not counting the environmental damage.
https://www.nytimes.com/2022/12/01/opinion/blockchains-what-are-they-good-for.html
I recall discussing this with my father … how this business was essentially built on a lot of hot air. It has only been in the last decade or so that I have truly come to realize how much of the global economy runs on hot air.
In case you want to know even more, you might want to save a date sometime in early june — for what? Oh, it’s too soon to tell … but if my plans come to fruition, I will gladly fill you in on all of the details! 😀
For more updates about rational media, see also the “rational media” tag @ “Social Business“. 😉
You must be logged in to post a comment.