Square Enix and Crypto

[DinahDemiurge]

Crypto is a blight on the environment, at a time the world can't afford that damage.

It needs to be shunned, not embraced.

yeah, how do you feel about christmas lights and clothes dryers?

[Ezzeloharr]

yeah, how do you feel about christmas lights and clothes dryers?

[lezard21]

I mean, she is not wrong. You use the environment as an argument against NFTs, yet you all leave your PCs on all night so as to not have to requeue in a video game.

[Shibi]

yet you all leave your PCs on all night

By using the word "all" your argument is instantly invalid.

[Ezzeloharr]

I mean, she is not wrong. You use the environment as an argument against NFTs, yet you all leave your PCs on all night so as to not have to requeue in a video game.

I specifically focused on other problematic aspects of crypto (rampant fraud and increasing financialization of games) in my OP because I've seen far too many crypto supporters believe they can easily deflect the environmental argument.

[DinahDemiurge]

I specifically focused on other problematic aspects of crypto (rampant fraud and increasing financialization of games) in my OP because I've seen far too many crypto supporters believe they can easily deflect the environmental argument.

the rampant fraud (which i totally agree with) has NOTHING to do with consuming energy. The fraud comes from venture capitalists and marketers drumming up hype for something they've already given themselves the majority of so they can dump when the hype reaches critical height. Has nothing to do with energy, proof of work, block chain, etc. it is just a flat out scam. 99.9% of it.

[Ezzeloharr]

the rampant fraud (which i totally agree with) has NOTHING to do with consuming energy.

I know this. Rampant fraud, theft, Ponzi schemes, and the like, are other problems endemic to crypto in general. The evidence is overwhelming. However, there's no reason to believe that, just because SE would be involved, things would be any different for a crypto scheme operated by SE. Users would still have their wallets stolen, exposed to fraudulent side projects masquerading as relating to SE, and the like. This problem is intrinsic to crypto, and thus completely unavoidable. How is the consumer well served by the addition of crypto to gaming, then?

[DinahDemiurge]

I know this. Rampant fraud, theft, Ponzi schemes, and the like, are other problems endemic to crypto in general. The evidence is overwhelming. However, there's no reason to believe that, just because SE would be involved, things would be any different for a crypto scheme operated by SE. Users would still have their wallets stolen, exposed to fraudulent side projects masquerading as relating to SE, and the like. This problem is intrinsic to crypto, and thus completely unavoidable. How is the consumer well served by the addition of crypto to gaming, then?

actually i totally agree with you on all that.