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They do not care about the environment. Bitcoin contributes a lot to global warming by design.
by speedgoose 6y ago
They do not care about the environment. Bitcoin contributes a lot to global warming by design.
- AnIdiotOnTheNet 6y agoMaybe, but who really cares about the environment when they stand to make some easy money?
- speedgoose 6y agoWe need to have sanctions for company and individuals that run the companies.
- seibelj 6y agoHydro power, solar power, wind power, these do not contribute to global warming. Plus, Bitcoin is a valuable asset (for many people) and the reason it keeps its value is that it's safe. Energy is expended to keep it safe. That is a free market choice, and you can disagree with it, but many choose to pay for energy to protect Bitcoin.
- speedgoose 6y agoI do not believe bitcoin only run on clean energy. Even if it was the case, this energy could have a better usage like solving actual problems instead of bruteforcing checksums. The free market needs to be controlled when it destroys the environment. The people needs to be responsible for their actions.
- baconandeggs 6y agoYour replies also contribute a lot to global warming.
- speedgoose 6y agoTelling people that bitcoin and its stupid proof of work consume energy indeed consume energy. But informing people about it is worth it. And the energy use is nothing compared to bitcoin. Not even a rounding error. Or do you mean I make people hot (upset)?
- baconandeggs 6y agoYou seem to be the one upset. Storing gold consumes energy, printing money consumes energy, using credit cards and maintaining a bank's data centers consumes huge amounts of energy; they have been doing it for decades, and with far dirtier energy than the one we use now. There is no payment method or currency that does not consume energy in one form or another. Everything consumes energy. You by being awake are contributing to global warming. Every shower you take contributes to make the planet warmer.
- speedgoose 6y agoEverything consumes energy so it's ok to use solutions were one single transaction uses as much energy as all my showers during a year if not more ? And yes I wash myself.