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Except environmentally, you need to look at the energy footprint of Western Union compared to the network of Bitcoin miners, not the price of electricity or amo
by xigency 10y ago
Except environmentally, you need to look at the energy footprint of Western Union compared to the network of Bitcoin miners, not the price of electricity or amount of coins awarded.
- Mtinie 10y agoWestern Union's energy footprint is no doubt large. Is it larger than the Bitcoin networks? I don't know, but WU has extensive infrastructure in place all over the World, so it's not a simple case of Bitcoin being the only ecologically unsound option of the two.
- gnaritas 10y agoNo, you need to look at the energy footprint of the entire currency system including printing and movement of cash, not just Western Union.