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Except that the decentralized bookkeeping that Bitcoin does is a lot more efficient than the bookkeeping done by financial institutions, and it is more difficul
by oakwhiz 13y ago
Except that the decentralized bookkeeping that Bitcoin does is a lot more efficient than the bookkeeping done by financial institutions, and it is more difficult to falsify on top of that. So you could say that Bitcoin is more efficient in terms of energy cost vs bookkeeping accuracy.