[sadness3]

What is too often left out of the discussion is the highly inefficient traditional establishment which are the alternative for currency trading and distributed financial activity. Most studies show that the traditional approach uses more energy.

[asd4232]

More energy in absolute terms, or per financial transaction?

I mean, what matters is whether replacing the entire financial system with Bitcoin would produce more emissions through mining than the system currently does.

[bingbong70]

The current system is backed by the largest polluter on the planet, the US military. Bitcoin in comparison uses less energy but its too early for some to recognize this fact.

Bitcoin is the settlement layer, tools built on top of it (like 2nd/3rd layer tech that can achieve 100K-1M+ transactions per second) require very little additional energy.

[bingbong70]

Rather than downvote how about telling us where you disagree? Seems silly to rob readers of a potentially useful rebuttal.