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that just makes the environmental asterisk bigger. you buy bitcoin you wouldn’t have bought otherwise (or would have sold otherwise), bridge it, lock it up on a
by colinsane 4y ago
that just makes the environmental asterisk bigger. you buy bitcoin you wouldn’t have bought otherwise (or would have sold otherwise), bridge it, lock it up on a different network. these actions marginally push the price of bitcoin up. higher price means (temporarily) more profitable mining, means miners divert more power to mining.