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> My point was more that the data presented in the article aren't very useful on their own. Yea this is a constant issue in almost all journalism. Numbers are
by dmoy 3y ago
> My point was more that the data presented in the article aren't very useful on their own.
Yea this is a constant issue in almost all journalism. Numbers are provided mostly without context. E g. "$100k of drugs seized in bust". But was that a single day's re-up? Does it meaningfully impact the local drug supply at all?
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In this case we can dig into numbers somewhat. Bitcoin.com claims the traditional banking sector uses about 2x as much energy. But cryptocurrency handles a tiny, tiny fraction of worldwide banking stuff, so if it was operating at the scale of e.g. 20,000 qps of credit card transactions, for example, it might have substantially higher energy use compared to now.