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RE: JSECOIN – JavaScript embedded cryptocurrency.

in #jsecoin7 years ago

Those energy stats are insane!!!! That certainly creates some tricky ethical issues for bitcoin. The process of mining always struck me as favouring a technocratic elite who control massive server farms. How is that any different to Anglo-Gold controlling mining operations, or JP Morgan's financial power. If crypto is going to be the anarchic answer to neo-liberal exploitation it's gonna have to deal with the environmental cost and open up the "means to production". JSEcoin sounds like it's going in the right direction. Thanks for the post, @okane81.

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