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Regarding 5a - Calculating energy spent per tx is misleading, as the energy spent to secure the btc network also benefits those merely holding the coin.
by martinko 6y ago
Regarding 5a - Calculating energy spent per tx is misleading, as the energy spent to secure the btc network also benefits those merely holding the coin.
- arcticbull 6y agoI disagree, as the marginal benefit to existing holders asymptotically approaches zero after a few blocks are processed, and can be safely disregarded.
- martinko 6y agoNot true, a working blockchain and the optionality to perform transactions are critical to the value proposition for the holder.