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Bitcoin is actually useful for the people, so spending energy on it is not a waste. The waste is something not useful, like 877 billion U.S. dollars dedicated e
by gloosx 3y ago
Bitcoin is actually useful for the people, so spending energy on it is not a waste. The waste is something not useful, like 877 billion U.S. dollars dedicated each year to the military of the United States. Or would you say it is an efficient spend and it is incentivised for even MORE efficiency?
Not everyone around is supporting the idea that the government scam and it's "real" money is the best option for us all. Electricity is burned in exchange for the utility of the bitcoin, avoiding operations with traditional state-issued money, having a currency which nobody truly governs or controls but the people, and it is definitely here to stay since it is a revolutionary financial instrument. If it wasn't, it would simply be gone, and no-one in his sane mind would be "turning electricity into heat" for nothing.
It is a natural economical progression for the humanity, to have the money nobody owns, and the maths behind it make it happen having it's natural energy toll, which is way more efficient that of any government. Commies go downvote, it is your bread