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The environmental impact of Bitcoin is not any less real than the power consumption & CO2 emissions of an entire country.[1] Since limitless energy is obviously
by vesinisa 4y ago
The environmental impact of Bitcoin is not any less real than the power consumption & CO2 emissions of an entire country.[1] Since limitless energy is obviously not yet here (and is very unlikely to become a reality in the short term), it is irresponsible to dismiss these concerns.
After fourteen years of running this experiment, Bitcoin (and other cryptocurrencies) have not yet delivered a single real world application that would be beneficial to the society at large - as far as I know.
I can't help wondering if some of the advocates, who continue to defend these technologies, own themselves cryptocurrencies and have a personal profit motive in glorifying/hyping the technology - for example by hinting that cryptocurrencies would have solved "countless wars and atrocities of the past 100 years".
[1]: https://digiconomist.net/bitcoin-energy-consumption/ https://digiconomist.net/bitcoin-energy-consumption/