Amazon and Google in a decade are gonna be discussing putting cloud servers on the moon, mark my words. Coffee Before Talkie Sloth Shirt easy to cool, in a green environment, you can build really effective geosyncronus dishes for comunication, and nuclear OR always-running solar can be done. It is a million times more effective than more satellite trash. They’ll undercut bitcoin miners for processing power, renting out servers, and ramp up lobbying against private farming due to impacts on global warming.Putting aside that you pulled that off of your behind, it’s a ridiculous comparison. Bitcoin could never replace a branch. Just looking at the more comparable electronic balance and transfer side of a bank, far less energy is used for each transaction than with Bitcoin.
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Banks do alot more than what bitcoin does. Bitcoin only stores value and transfers it. Banks offer a variety of financial products for Coffee Before Talkie Sloth Shirt use cases e.g. Mortgages, vehicle finance, corporate finance etc.Yeah but they are right, once all or most Bitcoins are mined there will be no need for the ‘Proof Of Work’ anymore which is the thing using up all the electricity. The network would then run on minimal power like keeping a website active.So if Bitcoin uses this much electricity, think about how much gaming uses. A study I found said that in 2018, PC gamers globally used 75 Twh/year. That number could have only gone up in the past 3 years and doesn’t even account for consoles.Also banks are alot more efficient when comparing on a per transaction or per unit of value and can handle much more throughput than any crypto (not just bitcoin).
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