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Bitcoin is both the ledger and the printing/minting mechanism and the delivery mechanism (armored cars delivering new bills & coins to banks and picking up and
by ballenf 10y ago
Bitcoin is both the ledger and the printing/minting mechanism and the delivery mechanism (armored cars delivering new bills & coins to banks and picking up and destroying old ones).
Factor in those costs and suddenly bitcoin is bargain, energy-wise.
- nhaehnle 10y agoAn SQL database with a simple front-end could be all of those things you named, and much more cheaply than Bitcoin. The real issues lie elsewhere.