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by gnaritas 3711 days ago
> Not to mention that Bitcoin is explicitly anti-environmentalist: it's built on vast amounts of wasted electricity.

That like saying Tesla's are anti-environmentalist, it's built to waste vast amounts electricity.

It's quite literally non-sense. Point at any other nations currency that consumes less energy than Bitcoin; you think printing bills and minting coins doesn't use energy? You think moving giants piles of cash around in big trucks between banks doesn't use energy? You think banks and guards and trucking don't use energy?

Bitcoin is the pro-environmentalist approach, it uses far less energy than a typical currency does.

1 comments

But the whole bitcoin network does a tiny, tiny number of transactions compared to any of those other systems. The cost per transaction (of the system, not to the user) of bitcoin is comparatively huge.
And yet the actual expense each transaction incurs is trivial, a boost in the number of transactions wouldn't increase the expenses of mining.