Re:Ethereum 2.0 – Minimum deposit reached
by rcxdude on Tuesday November 24, 2020 @05:50AM
(#25197275)
This is, to put it mildly, bollocks. Bitcoin uses more energy than the entire finance industry to supervise far less capital and conduct far fewer transactions (by multiple orders of magnitude). You are equivocating by equating levels of inefficiency which differ so drastically you are either deliberately misleading people or have been mislead yourself.
Re:Ethereum 2.0 – Minimum deposit reached
by globular-toast on Tuesday November 24, 2020 @06:05AM
(#25197356)
I didn't say a single thing about efficiency or bitcoin consumption vs banking industry consumption.
If you really want to stop waste then try to convince people to stop worrying about whether others have more stuff than they do. John Lennon wrote a well-known song about this idea. You could try imagining it too. Unfortunately you've got billions of years of evolution against you, but good luck!
Alternatively, if you can figure out a way to do it without proof of work then you'll stop all of this waste while still appealing to our animalistic instincts.
But, then again, who are you to talk about waste anyway? What makes your life not a waste of energy? Don't you consume food every single day?