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Ergh, sorry, that's a mis-paste from another thread I was talking on, not an assertion of mine. I agree, Bitcoin is not a bank, that makes comparing its energy
by Nursie 6y ago
Ergh, sorry, that's a mis-paste from another thread I was talking on, not an assertion of mine.
I agree, Bitcoin is not a bank, that makes comparing its energy footprint to the banking system totally pointless.
- viklove 6y agoFor the record, I'm not trying to defend BTC's energy footprint. It's a black-eye on the tech and a problem that needs to be solved. Proof-of-stake over proof-of-work is an interesting solution, and part of the reason I hold a lot more ETH than BTC. That's why I'm so interested by cryptos though -- BTC just opened the door and the derivatives are where the real innovation will happen in my opinion.