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How much energy did the standing army for the dollar and it's logistics network consume during 2021? Much, much, much, more. And yet the energy expenditure to d
by superkuh 5y ago
How much energy did the standing army for the dollar and it's logistics network consume during 2021? Much, much, much, more. And yet the energy expenditure to defend the Bitcoin network from attacks both succeeded using far less and the energy was used completely non-violently. Bitcoin's efficiency and morality stands head and shoulders above nation state based mechanisms for defending the integrity of their currencies.
And no, bitcoin doesn't depend on one single country. If, say, China made it illegal (hmm!) it'd still keep working. So no, a nation state going down does not actually kill bitcoin but it would kill that nation's currency. We'll see how well the Ukrainian hryvnia holds up this spring.
- belltaco 5y ago>How much energy did the standing army for the dollar and it's logistics network consume during 2021? Much, much, much, more. The standing army defends a lot more than the USD. If BTC was adopted as currency, the size and cost of the standing army would barely change.