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this post was submitted on 27 Jul 2025
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I'm glad we're spending the equivalent of a couple dozen million households of electricity on it
Meanwhile the US military's energy budget eclipses global crypto mining essentially to maintain petrodollar dominance and American residents pay for it.
Let's not ask how much power Visa and MasterCard use for their global monopoly.
Literally orders of magnitude less? Are you not familiar with how proof of work crypto operates? Being energy inefficient is the whole point.
You're so right, environmental impact has not been assessed by any cryptocurrency ever made. Literally zilch. None. Nada.
? And that makes bitcoins waste disapear?
No, and I never stated that. I just think it's stupid to group all of crypto as an environmentally unsustainable technology. Following your logic, switching to electric cars isn't worth it because the 100 years of petroleum pollution won't disappear.