How much energy is used by our current financial system? How much energy is consumed serving ads to every human on every platform every second of every day?? No one ever questions that totally necessary use of our limited resources 🙄
In actually decreases with time (by half every four year, unless the value increases equally, which is unlikely in the long run). However you should compare the energy per transaction, which is pretty lame (5txs per seconds or similar).
That’s the fuckey. We should not consider the energy per transaction because the energy usage does not increase as transactions increases. This is how the banks fuck with the charts to make it look lime bitcoin uses a lot of energy. It doesn’t.
How much energy is used by our current financial system? How much energy is consumed serving ads to every human on every platform every second of every day?? No one ever questions that totally necessary use of our limited resources 🙄
Orders of magnitude less than Bitcoin requires, which is the criticism.
That’s quite a claim to make without a source?
Dont spread misinformation. Its the opposite.
Bitcoin energy usage is negligible next to financial sector. And it doesnt increase as the transaction count increases, unlike tradfi
In actually decreases with time (by half every four year, unless the value increases equally, which is unlikely in the long run). However you should compare the energy per transaction, which is pretty lame (5txs per seconds or similar).
That’s the fuckey. We should not consider the energy per transaction because the energy usage does not increase as transactions increases. This is how the banks fuck with the charts to make it look lime bitcoin uses a lot of energy. It doesn’t.
The financial sector offers a magnitude more services than just “transactions”. It’s a stupid comparison.