Everyone here knew about it when you could mine a few bitcoins per hour on a midrange laptop CPU, but we all thought it was a stupid idea.

Here we are, a decade later, still sure it's a stupid idea and increasingly frustrated that the public doesn't understand that.

Or you were wrong back then, and maybe should reconsider? Nah, HN users never reconsider their positions. ;)

At least reconsider the proof of stake crypto chains. Not an energy waste.

I was going to respond with a snippy quote about how transferring money around with Eth used to be convenient, but now it sucks

BUT I checked the current gas prices, and it's really not bad. You're looking at $3-4 for 5-10 minutes on a transaction. Too pricey for splitting restaurant bills, but not too bad for sending $100 around

I guess that when you get to $100+ though you have to deal with too much volatility, and there's no good way to hedge against it as a US citizen (at least, I can't find any reputable brokerage/exchange that will let me short small amounts of crypto)

I haven't heard anyone complain about mining energy usage for anything except ETH and BTC.

I am one the people you describe, and I am still sure it is a stupid idea. Worse ideas got more support from the public in the past, and I think this one needs more time to be seen.

On the other hand, a government-issued cryptocurrency that is entirely under government's control with no anonymity, is not stupid at all. And I think this will be the future of crypto. Not saying it is good, just saying it is inevitable.

also don’t forget we all sold at $10-$100

i sold at 50k via a stop loss order