Re:In defense of cryptocurrency
by throw0101a on Friday June 10, 2022 @08:04AM
(#31692866)
> Even if the base layer of Bitcoin is using energy, one can argue that the functionality it offers (trustless, borderless, permissionless, programmable, digitally-native money) is worth the energy cost.
The idea that Bitcoin (#23) is worth as much or more as all the economic and general human activity of Poland (25), Thailand (24), or Vietnam (22) is highly suspect:
The idea that Bitcoin (#23) is worth as much or more as all the economic and general human activity of Poland (25), Thailand (24), or Vietnam (22) is highly suspect:
* https://digiconomist.net/bitcoin-energy-consumption/