must die


If Bitcoin were to cease trading tomorrow, 0.5% of the world’s electricity demand would simply disappear. This is roughly equivalent to the output of ten coal-fired power plants, emitting 50 million tonnes of CO2 per year – which would cover one year’s worth of the carbon emission cuts required to limit temperature rises this century to 2C.


okay but how much electricity does printing processing and trading other currencies use? Not trying to defend bitcoin I just don't know if it is actually worse then any other or just its expenditure is more easily tracked.

I loved the idea for the potential to decentralize money away from banks but that was before it became...this.

@imani Bitcoin failed on its own terms. That is it never succeeded in disintermediating banks. If anything, the usual suspects made a lot of money out of it.
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