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A comment on Every $1 of BTC value responsible for $0.49 in health and climate damages in US. Parent comment

Re:Every $1 of BTC value responsible for $0.49 in health and... by jf22 on Thursday March 04, 2021 @01:02PM (#26345768)
What good would transaction value per day be? This is like counting your salary twice, once when you earn it, once when you spend it, lol.
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Re:Every $1 of BTC value responsible for $0.49 in health and... by random5634 on Thursday March 04, 2021 @01:15PM (#26345962)
Because the transactional ledger of bitcoin is what is driving electricity use, and another statement might be, for every $1 transacted on the bitcoin ledger, 0.0005 dollars in health damage is caused. (it's roughly a factor of 1000 more volume then new mining, and over time new mining is going to get smaller and smaller)
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Re:Every $1 of BTC value responsible for $0.49 in health and... by jf22 on Friday March 05, 2021 @08:46AM (#26356789)
You mean the mining isn't driving electricity use?
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