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"And lest you think we are dealing in long-term abstractions- this devastation has tangible, externalized cost; a recent study out of the University of New Mexico estimated that in 2018 every $1 of Bitcoin value was responsible for $0.49 in health and climate damages in the US, costs that are borne by those who will, for the most part, never see any return from cryptocurrency mining whatsoever."

"The proponents of the so-called decentralised web - or DWeb - want a new, better web where the entire planet's population can communicate without having to rely on big companies that amass our data for profit and make it easier for governments to conduct surveillance."