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A comment on New study quantifies Bitcoin’s ludicrous energy consumption. Parent comment
Couldn't you say that about anything that ever profited anyone?
> The mining industry is pushing so hard for low electricity prices
Does it have enough money/influence to make a difference here? I don't know, I'm just asking.
> A Venezuelan can escape the high inflation rate of his national currency by simply holding bitcoins
Wouldn't a real-world currency like $ work here too? What does Bitcoin add?
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Couldn't you say that about anything that ever profited anyone?
> The mining industry is pushing so hard for low electricity prices
Does it have enough money/influence to make a difference here? I don't know, I'm just asking.
> A Venezuelan can escape the high inflation rate of his national currency by simply holding bitcoins
Wouldn't a real-world currency like $ work here too? What does Bitcoin add?