Re:Cambridge Bitcoin Electricity Consumption Index
by sneak on Wednesday February 10, 2021 @09:07AM
(#26089271)
14x more people live outside of SEPA than live within it.
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Re:Cambridge Bitcoin Electricity Consumption Index
by gambiting on Wednesday February 10, 2021 @09:08AM
(#26089283)
And it's the biggest(by operating revenue) market in the world, what's your point?
Re:Cambridge Bitcoin Electricity Consumption Index
by sneak on Wednesday February 10, 2021 @09:20AM
(#26089448)
Apologies, I thought I was being clear. A payment system that lets people transfer unlimited amounts of value to 14x more people than SEPA (presuming internet access), without censorship, irreversibly, and effectively for free, has, it seems to me, substantial value.
Even if it's less useful than, say, access to SEPA, it'd have to be 14x less valuable to break even (again, presuming internet access available to everyone, which isn't a thing yet).