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Re:Bitcoin Sees Wall Street Warm to Trading Virtual Currency by nonbel on Tuesday May 08, 2018 @10:47AM (#17021245)
>"The problem with your assessment is that you’re assuming that Bitcoin is replacing banks and MSBs."

I never assumed that, nor that it won't (like you just did). I just said "supposed to replace".

Here is an example. Someone came up with the number 1700 TWh per year for data centers, wifi, computers, phones, tvs, etc. I have no idea, so just use that for now: https://www.researchgate.net/publication/320225452_Total_Con...

Anyone familiar with whats on tv or the internet knows that 99% of all that is unnecessary, even unwanted, crap. That gives 1683 TWh being wasted each year on crap, yet people are only concerned about this 5%. I just want consistency so I don't feel like I'm being concern trolled.

EDIT:

Looking at the visa estimate I see right away it is underestimated by 40%:

>"In calendar year 2016, we used an estimated 674,922 gigajoules (GJ) of energy from Scope 1 and 2 sources [...] Of our total emissions, only 7% were from Scope 1 sources, with 54% from Scope 2 (primarily purchased electricity) and 39% from Scope 3 (mainly employee commercial air travel)."

https://usa.visa.com/dam/VCOM/download/corporate-responsibil...

So Visa alone is about 0.25 TWh per year.

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