News for hackers. Stuff that matters.

A comment on Bitcoin is not a Battery – it is a Sink. Parent comment

Re:Bitcoin is not a Battery – it is a Sink by eladv on Sunday March 28, 2021 @08:21PM (#26616329)
Yes, but the amount of capital that gets stored has nothing to do with the amount of electricity that goes into the system. Bitcoin is a "battery for value" (AKA a currency). But it's not a "battery for electricity" (AKA a battery :) ).
[ Parent | on HN ]

There are no comments on this comment yet.