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RE: The Biggest Shift In Cryptocurrency In 2022

in LeoFinance3 years ago

Cryptos are one product of many possible running on a blockchain .. of course you can run a "community-driven network" without the "money-value" behind .--- remember the SETI-project .. Millions were spending a little energy of their computers to run a big project listening into the space ... instead of SETI you can run any other energy-driven project -- you dont need fiatmoney-backed cryptocoins to run it !

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instead of SETI you can run any other energy-driven project -- you dont need fiatmoney-backed cryptocoins to run it !

The days when people gave away their resources for free are long gone. You need a really good cause to make millions of people to contribute their computing power pro bono. Crypto is nothing more than a measurement of your contribution to running the network and a very accurate measurement as well.

Give people financial incentives and they will participate. Ask people to give you computing power or personal information for free and you will become the new Facebook and new SETI very quickly. Our economy is run by capitalism and every individual should be rewarded for their contribution fairly. I see no problem with that.

Posted Using LeoFinance Beta

You give your computer power PLUS your data to every idiotic app-owner for free .. just that you dont know it .. or did you ever see or hear that people cancel their socialnetwork accounts because their userdata are abused and sold for a lot of money to companies who again trade their data for a lot of money ? Or that anyone wants to get paid for this ? No - they go on using their profiles because they cannot see or ignore whats going on behind them and dont want to miss what their "friends" are posting for their last dinner .. .besides -- also Hive is spying on you and selling your data .. for the peanuts ou "earn" here .. and nothing of what you "earn" here has any value .. it will crash with the system .. and this will happen soon .. its long overdue !

PS: SETI did not use any power you needed .. just when you had your system running and did not use it .. all those years I had it installed it used less energy than one Bitcoin-transaction is using (for which I have to pay extra)