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authorNicholas Johnson <nick@nicholasjohnson.ch>2023-10-27 00:00:00 +0000
committerNicholas Johnson <nick@nicholasjohnson.ch>2023-10-27 00:00:00 +0000
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## Monero
I also made a new entry promoting [TheHatedOne's video promoting Monero](/2021/03/18/video-monero-more-anonymous-than-cash/). In fact, I even accepted Monero as a donation method at the time. I didn't invest in it. I just found Monero useful for performing anonymous online payments since there was no other way to privately buy things online.
-I knew all about the massive energy usage of proof-of-work coins at the time. Like most cryptocurrency enthusiasts, I just dismissed it as "not a waste". But over the next four months, I realized I had just been making excuses for the energy usage because I found the technology cool. It was the only way to transact privately online, so it would be really inconvenient for me if I also believed it was destroying the planet.
+I knew all about the massive energy usage of proof-of-work coins at the time. Like most cryptocurrency enthusiasts, I just dismissed it as "not a waste". But over the next four months, I realized I had just been making excuses for the energy usage because I found the technology cool. It was the only way to transact privately online, so it would be really inconvenient for me if I also believed it was destroying the planet.
Eventually, I found I could no longer deny the energy impact any more. I decided to remove cryptocurrency as a donation method and make an entry [recommending that people don't use proof-of-work-based cryptocurrencies](/2021/07/18/avoid-using-cryptocurrency/). I even began criticizing others who promoted proof-of-work cryptocurrency. I reasoned I would accept cryptocurrency again after a mass-adopted proof-of-stake currency was released.