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by staplers 869 days ago

  provide many more services than bitcoin
To who?

Extremely cringe to see the HN bubble struggle to grasp how the world economy works. Not all government currencies are properly maintained.

2 comments

Still, considering the tiny amount of Bitcoin transactions per day, and the large number of speculators, hardly anybody can be using it for real things, anywhere.
No one rides trains anymore but they service a massive amount of our economic goods. If you want to buy a coffee, use your credit card.
Ok, but this article is specifically about US energy consumption.
In which case the question of "to whom?" still applies. As it stands, the primary beneficiaries of American police and military operations are the very same wealthy elites at the helm of the dollar-based global economy.