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submitted 4 months ago by UnHidden@lemmy.world to c/privacy@lemmy.ml
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[-] delirious_owl@discuss.online 7 points 4 months ago

Dont spread misinformation. Its the opposite.

Bitcoin energy usage is negligible next to financial sector. And it doesnt increase as the transaction count increases, unlike tradfi

[-] ChairmanMeow@programming.dev 13 points 4 months ago

The financial sector offers a magnitude more services than just "transactions". It's a stupid comparison.

[-] pedroapero@lemmy.ml 7 points 4 months ago* (last edited 4 months ago)

In actually decreases with time (by half every four year, unless the value increases equally, which is unlikely in the long run). However you should compare the energy per transaction, which is pretty lame (5txs per seconds or similar).

[-] delirious_owl@discuss.online 4 points 4 months ago

That's the fuckey. We should not consider the energy per transaction because the energy usage does not increase as transactions increases. This is how the banks fuck with the charts to make it look lime bitcoin uses a lot of energy. It doesn't.

this post was submitted on 07 May 2024
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