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Luckily electricity is non-fungible so that the green electricity used by bitcoin does not create increased demand for fossil-fuel generated electricity elsewhe
by AlexandrB 5y ago
Luckily electricity is non-fungible so that the green electricity used by bitcoin does not create increased demand for fossil-fuel generated electricity elsewhere.
- keymone 5y agonope, electricity is absolutely fungible. not only in some places consuming excess renewable energy help to stabilize the grid, it also helps producers financially and drives up the demand. bitcoin literally pushes for increased renewable energy production, which helped fighting climate change more than any political bickering did in the past half a century.