Re:Bitcoin mining used more water than New York City last year
by tempmac on Friday December 08, 2023 @10:51AM
(#38570428)
sorry I'm not being sarcastic to you, but those bitcoin/blockchainers...
I just noticed you were listing vital features of a financial system, and yet wasn't using them as your foremost argument.
Yes, it's "not a problem" because all transactions are final and if you lose the key to your virtual wallet with all your savings, then you're fucked, but that's part of the point?
Banks provide these essential services that people need. Bitcoin doesn't, and it still consumes massively more energy.