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It uses them because they cost money. And securing the network costs money in a proportional amount to the market price of the coin. The network is no more or
by VHRanger 5y ago
It uses them because they cost money.
And securing the network costs money in a proportional amount to the market price of the coin.
The network is no more or less efficient burning through 20% of the human race's energy output as it is burning 0.2% or 0.000002%.
It produces no additional transactions, no more or fewer coins. Just more waste product.
- satronaut 5y agoit's way cheaper and more humanitarian to secure value in Bitcoin using computer chips than it is to send the US military into foreign countries to support the petro-dollar
- deleted 5y ago[deleted]