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I am personally of the opinion that cryptocurrency swiftly killing off the (central) banking industry would be to the great benefit of humanity. The sheer amoun
by koonsolo 9y ago
I am personally of the opinion that cryptocurrency swiftly killing off the (central) banking industry would be to the great benefit of humanity. The sheer amount of electricity, human energy, infrastructure, material and real estate it wastes is an environmental disaster.
- bamboozled 9y ago100% agree with this, imagine the carbon foot print of all current financial institutions combined.
- mcv 9y agoI have no idea, actually. But bitcoin consumes more energy than a small country (Denmark, I think?), which is quite a lot, yet it's much less useful than all current financial institutions combined. I'm all for shrinking the carbon footprint (or social footprint, even) of banks and other institutions, but I don't think bitcoin can do that.