Re:U.S. SEC sees decentralized crypto platforms as exchanges
by thisgoesnowhere on Friday April 14, 2023 @04:26PM
(#35574286)
Bit odd to see the comparison of ethereum to YouTube and netflix. What is that supposed to show?
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Re:U.S. SEC sees decentralized crypto platforms as exchanges
by robcohen on Friday April 14, 2023 @04:30PM
(#35574331)
It’s supposed to show relative power consumption. Which it does. What would you like to compare it to?
Re:U.S. SEC sees decentralized crypto platforms as exchanges
by thisgoesnowhere on Friday April 14, 2023 @04:45PM
(#35574506)
Other payment networks? Stripe, square, interac?
One is a streaming service and the other is a payment network. It's like comparing a construction site to a restaurant in terms of fuel consumption.
Re:U.S. SEC sees decentralized crypto platforms as exchanges
by crote on Friday April 14, 2023 @04:46PM
(#35574511)
I could also compare it to the power consumption of the lightbulb in my garage. It is apples-to-oranges to compare a payment network to a video streaming platform, the only useful comparison is to another payment network.