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I've no idea if their self-declared 'back of the envelope' calculations are realistic, but it doesn't really matter. The comparison is plain dumb because unlike
by joosters 5y ago
I've no idea if their self-declared 'back of the envelope' calculations are realistic, but it doesn't really matter. The comparison is plain dumb because unlike Bitcoin, clothes driers actually do something useful with their energy.
- colecut 5y agoHow can you send thousands of dollars across the globe faster with less fees?
- dogecoinbase 5y agoGiven blockchain transaction fees, pretty much any way up to and including just buying flights, taking cash and bribing everyone along the way.
- colecut 5y agoI think you are referring to ethereum fees. Bitcoin is much better, and many others are even better. So, no, there isn't anything better than crypto for the purpose of efficiently transferring value across the globe.
- thesausageking 5y agoIt’s costs roughly $5 to send $1m in Bitcoin. And you can it from your phone, in minutes, any time day or night, and to anyone in the world with a phone.
- deleted 5y ago[deleted]
- malikNF 5y agoNo its not a dumb comparison. Most of the folks who peddle this bitcoin is bad for the environment narrative don't understand what exactly bitcoin mining is. The mining process is what makes bitcoin valuable, the energy is what's used to secure btc, there is "USE" to the energy used.
- deleted 5y ago[deleted]