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2024-03-30 UTC
# 16:47
[tantek]
cryptocurrency << criticism: {{t}}: we should stop calling it proof of work (POW) because "work" generally implies something productive and useful is being done, while in the case of performing a bunch of random math just to show that you have and for no other reason is a waste of energy. Hence let's call it "proof of squandering energy recklessly" (POSER) because as elsewhere documented, such energy usage is displacing actually directly