Първоначално изпратено от mathematician
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Едно доста приятно четиво от човек в бизнеса. Линка е пълна версия, тука слагам само подбрани пасажи. 
https://drewdevault.com/2021/04/26/C...-disaster.html
Starting on May 1st, users of sourcehut’s CI service will be required to be on a paid account, a change which will affect about half of all builds.sr.ht users.1 Over the past several months, everyone in the industry who provides any kind of free CPU resources has been dealing with a massive outbreak of abuse for cryptocurrency mining.
Cryptocurrency has invented an entirely new category of internet abuse. CI services like mine are not alone in this struggle: JavaScript miners, botnets, and all kinds of other illicit cycles are being spent solving pointless math problems to make money for bad actors.
Cryptocurrency problems are more subtle than outright abuse, too. The integrity and trust of the entire software industry has sharply declined due to cryptocurrency. It sets up perverse incentives for new projects, where developers are no longer trying to convince you to use their software because it’s good, but because they think that if they can convince you it will make them rich. I’ve had to develop a special radar for reading product pages now: a mounting feeling of dread as a promising technology is introduced while I inevitably arrive at the buried lede: it’s more crypto bullshit. Cryptocurrency is the multi-level marketing of the tech world. “Hi! How’ve you been? Long time no see! Oh, I’ve been working on this cool distributed database file store archive thing. We’re doing an ICO next week.” Then I leave. Any technology which is not an (alleged) currency and which incorporates blockchain anyway would always work better without it.
There are hundreds, perhaps thousands, of cryptocurrency scams and ponzi schemes trussed up to look like some kind of legitimate offering. Even if the project you’re working on is totally cool and solves all of these problems, there are 100 other projects pretending to be like yours which are ultimately concerned with transferring money from their users to their founders. Which one are investors more likely to invest in? Hint: it’s the one that’s more profitable. Those promises of “we’re different!” are always hollow anyway. Remember the DAO? They wanted to avoid social arbitration entirely for financial contracts, but when the chips are down and their money was walking out the door, they forked the blockchain.
That’s what cryptocurrency is all about: not novel technology, not empowerment, but making money. It has failed as an actual currency outside of some isolated examples of failed national economies. No, cryptocurrency is not a currency at all: it’s an investment vehicle. A tool for making the rich richer.
And that’s putting it nicely; in reality it has a lot more in common with a Ponzi scheme than a genuine investment. What “value” does solving fake math problems actually provide to anyone? It’s all bullshit.
And those few failed economies whose people are desperately using cryptocurrency to keep the wheel of their fates spinning? Those make for a good headline, but how about the rural communities whose tax dollars subsidized the power plants which the miners have flocked to? People who are suffering blackouts as their power is siphoned into computing SHA-256 as fast as possible while dumping an entire country worth of CO₂ into the atmosphere?2 No, cryptocurrency does not help failed states. It exploits them.
Even those in the (allegedly) working economies of the first world have been impacted by cryptocurrency. The price of consumer GPUs have gone sharply up in the past few months. And, again, what are these GPUs being used for? Running SHA-256 in a loop, as fast as possible. Rumor has it that hard drives are up next.
Maybe your cryptocurrency is different. But look: you’re in really poor company. When you’re the only honest person in the room, maybe you should be in a different room. It is impossible to trust you. Every comment online about cryptocurrency is tainted by the fact that the commenter has probably invested thousands of dollars into a Ponzi scheme and is depending on your agreement to make their money back.3 Not to mention that any attempts at reform, like proof-of-stake, are viciously blocked by those in power (i.e. those with the money) because of any risk it poses to reduce their bottom line. No, your blockchain is not different.
Cryptocurrency is one of the worst inventions of the 21st century. I am ashamed to share an industry with this exploitative grift. It has failed to be a useful currency, invented a new class of internet abuse, further enriched the rich, wasted staggering amounts of electricity, hastened climate change, ruined hundreds of otherwise promising projects, provided a climate for hundreds of scams to flourish, created shortages and price hikes for consumer hardware, and injected perverse incentives into technology everywhere. Fuck cryptocurrency.
https://drewdevault.com/2021/04/26/C...-disaster.html
Starting on May 1st, users of sourcehut’s CI service will be required to be on a paid account, a change which will affect about half of all builds.sr.ht users.1 Over the past several months, everyone in the industry who provides any kind of free CPU resources has been dealing with a massive outbreak of abuse for cryptocurrency mining.
Cryptocurrency has invented an entirely new category of internet abuse. CI services like mine are not alone in this struggle: JavaScript miners, botnets, and all kinds of other illicit cycles are being spent solving pointless math problems to make money for bad actors.
Cryptocurrency problems are more subtle than outright abuse, too. The integrity and trust of the entire software industry has sharply declined due to cryptocurrency. It sets up perverse incentives for new projects, where developers are no longer trying to convince you to use their software because it’s good, but because they think that if they can convince you it will make them rich. I’ve had to develop a special radar for reading product pages now: a mounting feeling of dread as a promising technology is introduced while I inevitably arrive at the buried lede: it’s more crypto bullshit. Cryptocurrency is the multi-level marketing of the tech world. “Hi! How’ve you been? Long time no see! Oh, I’ve been working on this cool distributed database file store archive thing. We’re doing an ICO next week.” Then I leave. Any technology which is not an (alleged) currency and which incorporates blockchain anyway would always work better without it.
There are hundreds, perhaps thousands, of cryptocurrency scams and ponzi schemes trussed up to look like some kind of legitimate offering. Even if the project you’re working on is totally cool and solves all of these problems, there are 100 other projects pretending to be like yours which are ultimately concerned with transferring money from their users to their founders. Which one are investors more likely to invest in? Hint: it’s the one that’s more profitable. Those promises of “we’re different!” are always hollow anyway. Remember the DAO? They wanted to avoid social arbitration entirely for financial contracts, but when the chips are down and their money was walking out the door, they forked the blockchain.
That’s what cryptocurrency is all about: not novel technology, not empowerment, but making money. It has failed as an actual currency outside of some isolated examples of failed national economies. No, cryptocurrency is not a currency at all: it’s an investment vehicle. A tool for making the rich richer.
And that’s putting it nicely; in reality it has a lot more in common with a Ponzi scheme than a genuine investment. What “value” does solving fake math problems actually provide to anyone? It’s all bullshit.
And those few failed economies whose people are desperately using cryptocurrency to keep the wheel of their fates spinning? Those make for a good headline, but how about the rural communities whose tax dollars subsidized the power plants which the miners have flocked to? People who are suffering blackouts as their power is siphoned into computing SHA-256 as fast as possible while dumping an entire country worth of CO₂ into the atmosphere?2 No, cryptocurrency does not help failed states. It exploits them.
Even those in the (allegedly) working economies of the first world have been impacted by cryptocurrency. The price of consumer GPUs have gone sharply up in the past few months. And, again, what are these GPUs being used for? Running SHA-256 in a loop, as fast as possible. Rumor has it that hard drives are up next.
Maybe your cryptocurrency is different. But look: you’re in really poor company. When you’re the only honest person in the room, maybe you should be in a different room. It is impossible to trust you. Every comment online about cryptocurrency is tainted by the fact that the commenter has probably invested thousands of dollars into a Ponzi scheme and is depending on your agreement to make their money back.3 Not to mention that any attempts at reform, like proof-of-stake, are viciously blocked by those in power (i.e. those with the money) because of any risk it poses to reduce their bottom line. No, your blockchain is not different.
Cryptocurrency is one of the worst inventions of the 21st century. I am ashamed to share an industry with this exploitative grift. It has failed to be a useful currency, invented a new class of internet abuse, further enriched the rich, wasted staggering amounts of electricity, hastened climate change, ruined hundreds of otherwise promising projects, provided a climate for hundreds of scams to flourish, created shortages and price hikes for consumer hardware, and injected perverse incentives into technology everywhere. Fuck cryptocurrency.
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