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Those Stupid NFTs Are Destroying The Environment

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The latest tech fad that purports to be changing the world for the better, but in fact is destroying it, comes from — where else? — the world of cryptocurrency. Cryptocurrencies like Bitcoin have no actual use for buying anything real, but are on pace to consume more energy than all of Australia. So in an attempt to hype this worthless virtual money into appearing to be worth something, they’ve created yet more blockchain bullshit called NFT’s (non-fungible tokens) that The Verge describes as a “one-of-a-kind trading card.” But as Mashable points out, these Nonsense Fucking Things use even more electricity than cryptocurrency mining.   

How much energy is being wasted on NFTs and cryptocurrency? Check out the above video, where a horrible human being explains, “I own a 5.4 megawatt mining facility in Iowa. We use a ton of energy. We use wind power to print money. Inside we have thousands of servers that mine for Bitcoin. These supercomputers run 24/7.”

These NFTs are going for millions of dollars in some cases, on the baloney-ass claim that you now “own” what is still just effectively a jpeg or GIF that anyone in the world can simply copy and paste. But people, have we not learned that  you don’t own anything if it’s digital. The tech company can just change their terms of service on you, or go bankrupt and their shit stops working, or they offer zero technical support if you forget your password.

And of course, there is a sizable amount of revenge porn being sold as NFTs, because no one in crypto has any form of ethics whatsoever.

There is an old (and previously true) adage that individual behavior does not do much to affect climate change, and it’s the behavior of large corporations that really drives global warming. But creating an NFT requires a lot of computing, which therefore burns through a great deal of energy. So NFTs are responsible for a shit-ton of carbon emissions. 

If the tech bros wanted to truly create something important, they would invent a way to mine cryptocurrency and manufacture NFTs sustainably. Society at large can inform them of the environmental problems their Bitcoin-mining servers are responsible for, but these people are just not wired to care about anything but themselves

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Joe Kukura- Millionaire in Training

Joe Kukura- Millionaire in Training

Joe Kukura is a two-bit marketing writer who excels at the homoerotic double-entendre. He is training to run a full marathon completely drunk and high, and his work has appeared in the New York Times and Wall Street Journal on days when their editors made particularly curious decisions.

2 Comments

  1. Cadence
    April 29, 2021 at 2:16 pm — Reply

    It’s a trickle down of maliciousness.
    The buck has to stop.
    And course alered so that it leads to a better world for all.

  2. Ellen Greif
    May 1, 2021 at 7:27 am — Reply

    Best description of NFTs I’ve read and helped me understand why I thought it was a stupid construct to begin with. Thanks!

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