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Compared to other methods of money transfer I think Bitcoin does pretty well in terms of its energy usage. How much energy is used printing money and shipping i
by jliptzin 6y ago
Compared to other methods of money transfer I think Bitcoin does pretty well in terms of its energy usage. How much energy is used printing money and shipping it to various banks in Brinks trucks? How much is used building and operating millions of bank branches/ATMs worldwide?
- svachalek 6y agoCash is terrible. But that's not all "other methods of money transfer". Compared to an ATM debit, credit card payment, or even most modern crypto coins, the energy cost of Bitcoin is ridiculous.
- jliptzin 6y agoThe marginal cost to use an ATM is low but what about the fixed costs of installing them and the ongoing maintenance? How much methane is released into the atmosphere feeding bankers porterhouse steaks?