Bitcoin emissions alone could push global warming above 2°C: study from 2018

Re:Bitcoin emissions alone could push global warming above 2... by _vertigo on Sunday January 17, 2021 @04:40PM (#25815254)

I think the point is that Bitcoin uses an insane amount of energy for what it accomplishes, if one considers only the financial transaction aspect (and not all of the other benefits that Bitcoin might provide - depending on your position on Bitcoin, that may or may not be fair to do).

If someone invented a car that consumed 10,000x as much energy per mile, using that car would generally be considered a waste of resources, or at least a wasteful use of resources.

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Re:Bitcoin emissions alone could push global warming above 2... by rfd4sgmk8u on Sunday January 17, 2021 @04:58PM (#25815489)

To continue the abstract car analogy, what if this car that used 10,000x the energy per mile also had some magic properties -- like that anyone could build the car themselves from the blueprints, it could magically teleport anywhere on earth and nobody could tell you where you could drive it (traffic signs are ignored).

"Would that be worth something to you, eh?" -- Scotty

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