Yep, now you’re seeing my point. As bitcoin scales up, it uses no additional energy. That’s the kicker.
But as traditional finance scales up, the energy required increases with no limits. Thats why bitcoin uses magnitudes less energy than these dumb and wasteful banking systems.
This is just silly. If you had said Etherium, then maybe. But Bitcoin?? C’mon…
Cant disagree with facts
You clearly can.
“proof-of-work” process today requires 705 kWh of electricity, ".
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/bitcoin-mining-energy-use-doubled-in-2023-as-crypto-prices-rose-79854382#%3A~%3Atext=Bitcoin+mining+companies+use+powerful%2Cof+electricity%2C+according+to+Digiconomist.
And I’m done.
And that’s magnitudes less than all traditional financial institutions
And how many magnitudes less transactions does Bitcoin do than all traditional financial institutions?
Yep, now you’re seeing my point. As bitcoin scales up, it uses no additional energy. That’s the kicker.
But as traditional finance scales up, the energy required increases with no limits. Thats why bitcoin uses magnitudes less energy than these dumb and wasteful banking systems.