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by _ink_ 1894 days ago
So you only participate in IPOs? Otherwise you probably buying your shares from a market maker, which runs computers that make heat and burn coal to take advantage of a small difference between buy and ask price.
1 comments

Comparing apples vs container ships.

With bank ledgers, the computation energy is a minimized side effect that does not even show up as a rounding error in the financial reports of companies, and they do tens of thousands of transactions per second.

For cryptocurrencies, burning the energy is a key feature - 100% correlated to the proof of work and increasing by design. This achieves handfuls of transactions per second with energy burn exceeding that of nations.

Children's cartoons make better representations of the real world than that post.