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by bkmrkr
1925 days ago
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What all of these analyses fail to realize is that the network is just used for clearing most of trading and payments are actually done off network.
Think of the difference between energy used to buy gold (just buy GLD) vs energy used to move physical gold. (Fuel + Security etc) |
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Fine, add 0.00000000000001% for the energy a wire transfer takes to net out hundreds of millions of credit card transactions.