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This is, to put it mildly, bollocks. Bitcoin uses more energy than the entire finance industry to supervise far less capital and conduct far fewer transactions
by rcxdude 6y ago
This is, to put it mildly, bollocks. Bitcoin uses more energy than the entire finance industry to supervise far less capital and conduct far fewer transactions (by multiple orders of magnitude). You are equivocating by equating levels of inefficiency which differ so drastically you are either deliberately misleading people or have been mislead yourself.
- globular-toast 6y agoI didn't say a single thing about efficiency or bitcoin consumption vs banking industry consumption.