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by Andrew_nenakhov 1811 days ago
You are clearly missing the point of why it uses so much energy. It is the price of security, decentralisation and permissionlessness.

As for "7 transactions per second", sure, 7 on-chain transactions with the current block size. You don't need them for things like buying a cup of coffee. So this FUD is somewhat outdated.

1 comments

Yeah, it's the price of that.

And that price is ridiculously, stupendously high. Much, much, much too high. It is in no way worth that price.

Maybe, for you. Probably you're lucky to live in a country that doesn't abuse its financial system. But others pay this price gladly, because bitcoin provides clear and undisputable value for them.
Not for me. For the entire world. It is the entire planet that is paying the price. And the price is utterly overwhelmingly large, and you are forcing them to pay this price while getting nothing in return.
I just love this rethoric, 'overwhelmingly large', without specifics.

If it is not worth the price for you, nobody is forcing you to pay it.

Those that do, buy electric power from energy companies at the commercial rate. If you what to forbid people using bought power as they see fit, I suggest you start with yourself: do not use electricity, stop eating meat, stop traveling, stop using any items produced with electricity or burning trees.

I am literally forced to pay it. I am living on this planet, and Bitcoin is helping destroy it. I can not opt out of paying this price. You are literally forcing me to pay it.
So, you are not going to start with yourself in saving the planet? These hypocrites always want others to do as they like...