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I would agree with your first point, but increasing power consumption to accelerate green transition makes no sense to me. Green energy is a better solution to
by jmiskovic 6y ago
I would agree with your first point, but increasing power consumption to accelerate green transition makes no sense to me.
Green energy is a better solution to energy shortage, it's not something you'd want if there was no need for extra energy. The green energy industry captures financial investments, generates waste and contributes to global warming.
To go ad absurdum, wouldn't increasing CO2 emissions also accelerate the green transition?
Of course if Bitcoin can provide a substantial benefit world-wide then it's energy footprint can be deemed acceptable. I don't have enough experience with it to make such claim but I'm worried about increased fees and transaction times.