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How much resources does it take to bring 1 kilo of gold out of the earth? You are saying it is wasteful without any comparison to something similar to bitcoin.
by octocop 6y ago
How much resources does it take to bring 1 kilo of gold out of the earth? You are saying it is wasteful without any comparison to something similar to bitcoin.
- duskwuff 6y agoThat's a false comparison. If gold miners were to stop digging, global finance would continue just fine (with some temporary shocks to commodities markets, but nothing permanent). If Bitcoin miners were to stop wasting electricity, the entire operation would immediately stop working.
- octocop 6y ago"All gold miners stop digging" isn't a realistic scenario. You basically said my comparison was false and then proceeded to give a false comparison.