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fedilink

Considering how much of a nieche Bitcoin still is: 0.5% of global energy usage is one hell of a lot of energy!

In what universe is proof-of-work more efficient than conventional banking systems?

Let’s talk about banks.

Let’s talk about all the vaults and their maintenance, the security guards, the Brinks armored cars, all the tellers, wire transaction-handling, and so on and so on.

No, gee, hmm, they’ve never calculated how much a vast, global expense all of this is per second.

Maybe they want you to keep believing that it’s more efficient.

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