Wrong, it’s far, far less. VISA’s network uses about a hundredth of bitcoin’s consumption and handles transaction volumes thousands of times higher. Banks do have data centers but the centers don’t require that many servers so it’s far less of an issue.What’s really insane is that your money is worth 2% less every year, and who knows how much worse it’s been this past year with the I’m Her Firecracker Fireworks 4th Of July Shirt the printing going on. Don’t act like Bitcoin has no value. Can you name another asset that is provably and guaranteed deflationary? With no risk of a centralized authority changing the rules or supply? Aside from other cryptos. And yes, other cryptos are more green, but Bitcoin has the longest history/chain and it’s proof-of-work model has proven to be most secure.
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What is the definition of value? Everything that is given value by us humans. “Real” (fiat) currencies don’t really have I’m Her Firecracker Fireworks 4th Of July Shirt value either, they only do because we all agreed that it does. Same goes for crypto, everyone who invests in crypto believes that it does, therefore it is just as real as the Dollar.It strikes me that there’s a lot of holier than thou attitude here. It’s easy to criticize people for not being green enough while most of these critics still buy stuff in plastic bags because it’s convenient, take polluting planes to travel to all corners of the world, take their car because it’s more convenient than a bike or public transport, buy the newest smartphone that’s full of electronics that generate pollution to be manufactured and will turn on central heating instead of wearing an extra layer of clothesNobody ever talks about how much energy our current currency systems use which would still be a shit ton.The energy to manafacture, transport the currency of every nation on the planet including the destruction of trees for paper and all the mining for metals. Plus the energy used by banks and institutions that rely on a standard currency. And all the energy used by the banks data centers.Bitcoin is not great but neither is the current system. More eco-friendly crypto is definitely the way forward.
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