The internet is around 40 times bigger than crypto as a whole. Feel free to check it and tell me if I missed the mark.
However, Buttcoin still eats a disgusting amount of electricity, being 2.5% of the whole internet. All the while, its only utility has so far been to create a completely unregulated commodity market that is unsurprisingly dominated by private equity doing pump and dumps.
The interesting thing someone brought up in that discussion though is that half of all consumer internet traffic is ads. Which is scary, and I don’t know (or rather do exactly know) why we don’t talk about that.
I did some maths back on another thread here: https://feddit.nl/comment/6632730
The internet is around 40 times bigger than crypto as a whole. Feel free to check it and tell me if I missed the mark.
However, Buttcoin still eats a disgusting amount of electricity, being 2.5% of the whole internet. All the while, its only utility has so far been to create a completely unregulated commodity market that is unsurprisingly dominated by private equity doing pump and dumps.
The interesting thing someone brought up in that discussion though is that half of all consumer internet traffic is ads. Which is scary, and I don’t know (or rather do exactly know) why we don’t talk about that.