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diff --git a/content/entry/merchants-should-stop-accepting-cryptocurrency.md b/content/entry/merchants-should-stop-accepting-cryptocurrency.md index ce0bff1..0a1f47b 100644 --- a/content/entry/merchants-should-stop-accepting-cryptocurrency.md +++ b/content/entry/merchants-should-stop-accepting-cryptocurrency.md @@ -3,7 +3,7 @@ title: "Merchants Should Stop Accepting Cryptocurrency" date: 2022-08-17T00:00:00 draft: false --- -In my last journal entry titled "[[Documentary] Line Goes Up - The Problem With NFTs](/2022/03/15/documentary-line-goes-up-the-problem-with-nfts/)", I talked about my history with cryptocurrency (henceforth referred to as [digital tulips](/glossary/)), how I regret ever getting involved, and I promoted a documentary explaining how it's essentially a planet-destroying ponzi scheme. In this entry, I want to build on that and talk about why merchants shouldn't accept digital tulips as a form of payment. +In my last journal entry titled "[[Documentary] Line Goes Up - The Problem With NFTs](/2022/03/15/documentary-line-goes-up-the-problem-with-nfts/)", I talked about my history with cryptocurrency (henceforth referred to as [digital tulips](/glossary/#digital-tulips)), how I regret ever getting involved, and I promoted a documentary explaining how it's essentially a planet-destroying ponzi scheme. In this entry, I want to build on that and talk about why merchants shouldn't accept digital tulips as a form of payment. ## Disregard For The Environment As I stated in my entry "Avoid Using Cryptocurrency", the consensus mechanism used by the most popular digital tulip schemes consumes an unreasonable amount of energy. By comparison, the per-transaction energy consumption of fiat is basically zero. By accepting digital tulips, you demonstrate that you don't care about the harm your business does to the environment. |