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Environmental issues. Same reasons I guess why Bitcoin is disliked. But most Bitcoin dislikers still drive a car, are careless with heating and cooling and eat
by knuthsat 6y ago
Environmental issues. Same reasons I guess why Bitcoin is disliked. But most Bitcoin dislikers still drive a car, are careless with heating and cooling and eat steak at least once a day.
- imtringued 6y agoThat energy could have been used to produce more steaks, cars and heating. It might be careless but at least there is a logical reason for why these activities are highly energy intensive. Bitcoin is energy intensive for a fixed gain. It's like a war where people are fighting for a farm plot. The amount of food you can farm from that plot doesn't change just because you had a bigger war. Bitcoin will only process 7 transactions per second and every holder of Bitcoin is against changing that.
- knuthsat 6y agoA nice comparison. So for Bitcoin we acknowledge the fixed gain but for our planet the gain is limitless, steaks, cars, and heating.