|
|
|
|
|
by yieldcrv
1480 days ago
|
|
Interesting rationale, unfortunately I am not able to see it this way - being more like the Amazon itself who can only see it from the technical way - so lets look at why I can't see it that way and why I find it counterproductive. Bitcoin is more than transactions, and it is more than onchain transactions, and it is more than its layer 2 transactions which I don't think we can quantify. It has a much greater use as collateral. It has a much greater use as a reference value for derivatives (sometimes where it is also collateral, sometimes where it is not). As collateral several orders of magnitude more transactions occur - just onchain! And offchain, several orders of magnitude more. I would say (even if we weren't seemingly in a debate) that none of this justifies its energy use, but only because that is a completely separate phenomenon. Barring any alternative solution for that, I lead to focusing on putting its energy use where it is most applicable and sustainable. Primarily at flare gas mining sites that don't pull from the grid. |
|