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Yesterday I read "What Bloomberg Gets Wrong About Bitcoin’s Climate Footprint" [0] where the writer tries to make a case that you shouldn't compare Bitcoin to V
by hebrox 6y ago
Yesterday I read "What Bloomberg Gets Wrong About Bitcoin’s Climate Footprint" [0] where the writer tries to make a case that you shouldn't compare Bitcoin to VISA, but more to something like the dollar.
While I don't agree with his whole story, for example including the US army in the costs, I thought it was an interesting way of looking at it.
Edit: he also points out that after all Bitcoin has been mined, the electricity use will probably change.
[0] https://finance.yahoo.com/news/bloomberg-gets-wrong-bitcoin-climate-133717808.html https://finance.yahoo.com/news/bloomberg-gets-wrong-bitcoin-...