3 ms·
EV are displacing an existing technology and replacing it by centralized electricity production that is more cost-effective and can be swapped later on for rene
by belval 5y ago
EV are displacing an existing technology and replacing it by centralized electricity production that is more cost-effective and can be swapped later on for renewables.
Bitcoin does not actually displace anything (at least with how it is used right now) but consume electricity.
In short, EV are a neutral change short-term and a positive one long terme as we move to renewables. BTC are a negative change short-term and could stay negative in the future.
- imtringued 5y ago>Bitcoin does not actually displace anything (at least with how it is used right now) but consume electricity. Even the "bypass capital controls" argument runs into the problem that most of the benefit comes from USD exposure.