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One might disagree on what exactly is a comparable resource. A digital currency could just as well store everyone's balance in a giant SQL database. In exchange
by sobellian 5y ago
One might disagree on what exactly is a comparable resource. A digital currency could just as well store everyone's balance in a giant SQL database. In exchange for utter centralization the energy consumption drops to essentially zero. IIUC a PoS coin will also have much smaller energy consumption. So we have a situation where a collection of people are using huge, huge amounts of energy to speculate not only on digital assets, but on decentralized PoW digital assets.
- johanneskanybal 5y agoDigital money is as easy as you giving me $10 and me making a record of it in a text file that's not really what the rest of us are talking about.