4 ms·

And appropriately it represents a small minority of energy use (~0.6%)

• lottin 6y ago
  Exactly, hoarding bitcoin —not using it— is the problem. It leads to high prices and consequent high environmental impact.
  • savingisbadnow 6y ago
    You mean saving, which is actually a use contrary to what years of keynesian propaganda have made you think
• nthot 6y ago
  0.6% is orders of magnitude larger than the percentage of people who have a legitimate use case. In my opinion it's not that coin does not have legitimate uses, it's that the cost of providing those uses far outweighs the benefit by design. The current increase in value and ramping up of energy use is not due to an increase in the usefulness of the coin, but instead on a renewed interest in the game of hot potato that is speculation.