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Why would anyone compare electric consumption of a country with digital currency? That is the most ridiculous comparison I've ever seen. In terms of reaching, t
by techsin101 5y ago
Why would anyone compare electric consumption of a country with digital currency? That is the most ridiculous comparison I've ever seen. In terms of reaching, this reaching to mars and possibly beyond. Lets compare energy consumption of bitcoin with online banking. That's at least in the same neighborhood. A country contributions to mankind include infrastructure, manufacturing, mining, powering hospitals, airports, schools, sewage system, trains, telecommunication, research labs, libraries, warehouses, ..... list goes on. What does bitcoin does? nothing. There is no comparison.
- viraptor 5y ago> Why would anyone compare electric consumption of a country with digital currency? Because we don't operate in GW / TW units typically, so some size comparison is needed for mental visualisation. In the same way I'd say "about the size of a basketball" rather than "it's 250 cubic cm".
- techsin101 5y agoNo you didn't just compare to demonstrate difference in units, you asserted that bitcoin energy consumption is harmless as it only makes a tiny percentage of China's total consumption. Which is like saying oh these shoes cost $8k but that's nothing compared to your house! what???
- viraptor 5y agoI didn't assert any of that. I think you got users confused.