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That “study” is comparing an entire industry including pension plans, atm and card networks, payroll systems, mutual funds, iras/401ks, sarbanes-oxley data rete
by liamwestray 5y ago
That “study” is comparing an entire industry including pension plans, atm and card networks, payroll systems, mutual funds, iras/401ks, sarbanes-oxley data retention, etc. etc. to just bitcoin’s network.
These systems aren’t replaceable by bitcoin.
Bitcoin is a debit banking transaction system equivalent only. It uses several times the energy of the equivalent portions of the banking industry.