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But won't each of those take up significantly more energy once they use Bitcoin than today? I.e the costs will be additive , and crypto aims to replace fiat. So
by dagmx 5y ago
But won't each of those take up significantly more energy once they use Bitcoin than today? I.e the costs will be additive , and crypto aims to replace fiat. So crypto would need to be more efficient at the same scale as fiat to make sense.
Also aren't each of those used by significantly more people than Bitcoin? So the per capita use is less and they scale better?
Also how are you estimating cost of porn? Viewing cost? Generation cost?
- chrischattin 5y agoNo. Bitcoin network power usage isn’t related to the number of transactions.
- dagmx 5y agoYou're only talking about at any given moment in tjme, but Bitcoin hashing difficulty adjusts in an almost correlated way to number of transactions being performed (or more directly related to popularity at a given time) https://m.btc.com/stats/diff https://m.btc.com/stats/diff So your statement ends up being incorrect over a period of time.