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It's a laudable project but why are you accepting bitcoin if you're so concerned about the ecological crisis? It seems kind of contradictory, given how bitcoin

It's a laudable project but why are you accepting bitcoin if you're so concerned about the ecological crisis? It seems kind of contradictory, given how bitcoin transactions are so computationally expensive now that they reportedly consume about the same amount of energy as Denmark.

wongarsu 7y ago
I have a feeling that for Bitflow (the Bittorrent downloader) many customers will strongly prefer bitcoin. Offering it is not an arbitary choice but a requirement for success of that part of the product.
z0mbie42 7y ago
You are totally right and I've to admit that I didn't thought about so much. I'll fix it !
JohnJamesRambo 7y ago
Maybe the raping of the earth done by the corrupt financial and banking system is an even greater evil.
- sdwisely 7y ago
  but an evil that isn't going away, so now you have two. I'm not anti-cryptocurrency, but we should be striving to be better than what we're creating an alternative to.
wyldfire 7y ago
How would we know if that were too much? What if you were to describe the amount of energy consumed by the airline industry? Or all of the world's motorcycles? Would that be more or less than Denmark? And if it were more than Denmark's energy consumption, is that okay? Certainly more people benefit from the world's motorcycles or airplanes than just the population of Denmark, so why is that the reference? IMO including an arbitrary reference like some country's power consumption is the stuff of clickbait headlines, not useful discussion. IMO a more constructive discussion point might be: "the power consumption required for Bitcoin's proof-of-work is 15x that of the power consumption of: { the equities markets + banking + US Treasury + EU Treasury }." The number I've cited is arbitrary, it could easily be 1/15 of that, for all I know. But normalizing the energy in terms of the related/baseline industry makes sense and would make for a clearer conversation on the topic.
ryanlol 7y ago
But individual bitcoin transactions aren’t expensive, running the network is.

wongarsu 7y ago

I have a feeling that for Bitflow (the Bittorrent downloader) many customers will strongly prefer bitcoin. Offering it is not an arbitary choice but a requirement for success of that part of the product.

z0mbie42 7y ago

You are totally right and I've to admit that I didn't thought about so much. I'll fix it !

JohnJamesRambo 7y ago

Maybe the raping of the earth done by the corrupt financial and banking system is an even greater evil.

sdwisely 7y ago
but an evil that isn't going away, so now you have two. I'm not anti-cryptocurrency, but we should be striving to be better than what we're creating an alternative to.

wyldfire 7y ago

How would we know if that were too much? What if you were to describe the amount of energy consumed by the airline industry? Or all of the world's motorcycles? Would that be more or less than Denmark? And if it were more than Denmark's energy consumption, is that okay? Certainly more people benefit from the world's motorcycles or airplanes than just the population of Denmark, so why is that the reference? IMO including an arbitrary reference like some country's power consumption is the stuff of clickbait headlines, not useful discussion. IMO a more constructive discussion point might be: "the power consumption required for Bitcoin's proof-of-work is 15x that of the power consumption of: { the equities markets + banking + US Treasury + EU Treasury }." The number I've cited is arbitrary, it could easily be 1/15 of that, for all I know. But normalizing the energy in terms of the related/baseline industry makes sense and would make for a clearer conversation on the topic.

ryanlol 7y ago

But individual bitcoin transactions aren’t expensive, running the network is.