They have costs, I don't.Īssume I can opt in by plotting some proofs on idle storage and mining into a pool where rewards are split up and some of the rewards (aka tokens) can only be used for liking (ranking up) or disliking (ranking down) websites. Compare that to someone building a rig specifically for mining. As a typical user I can allocate some idle storage space to mining and, as long as I only mine while I'm browsing the internet, the incremental cost to me is basically $0. Take something like Chia (XCH) as an example. I don't like crypto in general, but I think the 'proof of idle capacity' tokens have stumbled onto something that could be valuable for online reputation because they invert economies of scale in a way. I think the general idea of earning tokens for searching and browsing is neat, but the way they're trying to use it directly as a microtransaction currency isn't super innovative. I super briefly skimmed the crypto (BAT) token stuff. > Also, as much as I dislike ads I think web3/crypto grifting is worse. Heuristics and 'rules of thumb' help when there is uncertainty and when there is risk associated with a decision, but before applying an heuristic you can and should remove as much uncertainty as possible.

But at the very least, stop feeding people with the conclusion and actually state the principles behind your reasoning. I am not telling you to do a 180 in your opinion, or to support any crypto project in particular. The lie becomes a self-fulfilling prophecy.

Worse still, it's the type of lie that, if repeated often enough, damages all the reputation from honest people and destroys all chance of good work coming from the space. You might believe that is a white lie, but it's a lie nonetheless. You are just feeding them a conclusion, and you are spreading a lie. IOW, you are not encouraging them to 'think' anything. You are encouraging people to 'think' something that you personally know not to be true. I think people should be encouraged to think of all cryptocurrencies as scams.

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