Crypto electricity consumption

Reminder that the sheer electricity requirements for bitcoin make it absolutely impossible to adopt

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There is no electricity requirement. The more valuable it is, the more money is spent on mining it, just like gold (which in a similar manner does not have a “requirement” to destroy land).

>there is no electricity requirement

This is the highest distilled amount of pure dishonesty I have encountered all month

Then virtually we have another country, so? Is that all with your fud?

Also do you know how much electricity traditional banking consumes? You uneducated mongoloid

>comparing global btc power consumption to 3rd world shithole consumption
kill yourself

Now do energy consumption of tradition finance or even just general banking

Yes. Traditional banking uses a minuscule amount of electricity per transaction in comparison.

Not an argument
Not an argument
Not an argument

There is no acceptable amount of energy consumption that justifies bitcoin.

Who said they were justified?

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Probably less, considering mining destroys GPUs at record pace compared to video games. And most video games are not very power hungry.

Reminder: Bitcoin uses half as much electricity as video games

it's only a non-argument to you because your nose is four times larger than jimmy durante's.

isnt Egypt a bigger problem?

>per transaction
I saw what you did there you little cockroach and I'm not even gonna say why you're a faggot because it's obvious and if you really don't get it your IQ is room temperature

God crypto really is a cult, isn't it?

Your personal demand is your requirement
Can you tell me something that requires no energy to do? All action is expressed in motion

Bitcoin as a daily currency for frequent transactions is retarded

Its better for long term storage of wealth.

That does nothing except jack off and waste electricity trying to solve problems it helped create. Most projects are vapor ware. The bubble is going to pop and real valuation of these companies will be seen

>comparing a global network to a country of 4 million people
So it's not actually using that much then?

What exactly is so obvious? Why wouldn’t you compare transaction systems per transaction? Aside from the fact that it makes bitcoin look worse and destroy any hope of huge scale, mass adaptation.

Bitcoin is more important than the contributions of any of these countries. I don’t see the problem.

>I'm not even gonna say why you're a faggot because it's obvious
the only thing that's obvious is your cope

>Its better for long term storage of wealth
that longterm storage of wealth just went down 15% in one day
its contribution is literally zero. it's not used for anything.

> highest distilled amount of pure dishonesty
No, talking about an energy “requirement” is pure, distilled dishonesty. The energy to actually calculate the next block (the only actually /required/ energy) is less than what powers a light bulb. The thing is, a lot of people want to expend that minimal energy for a 6.25 btc reward, so these people compete for the right to be the supplier of that light-bulb’s worth of energy, by searching for the answer to a challenge, which takes a lot of energy. This is not required energy to make the network move, it’s energy spent by players trying to outcompete each other for the right to make the network move. The required energy is minimal, the reason a lot of energy is used is because the network is so popular lots of people want to compete for mining rights.

Why are you acting like the computational arms race is some weird popularity quirk and the intended and natural result of mining design?

>uses too much electricty
wanna guess how much electricity the world's stockbroking/share dealing sector costs? this is bullish as fuck - its money - and you get more of it the cheaper your electricity is. Bitcoin will save the world and the environment by incentivizing clean renewable energy. If you dont understand how bullish that is, gtfo this market.

One day is nothing if you mean to leave it alone for over 10 years or longer

*and not