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[AudraMiller]

With teh energy usage of bitcoin and other crypto being called into question recently by teh tweet that was made by elon musk, there are many people that are not either trying to prove the currency is dangerous and others that are trying to prove that teh energy usage is minimal compared to existing systems. According to one article, bitcoin uses less energy than both the banking system that we have and the gold system. In fact gold is said to use more than two times the energy as bitcoin whereas banking uses 2.5 times moer than bitcoin. This research was conducted by Galaxy Digital. What are your thoughts on this investigation?

 

[CryptoStar19]

Bitcoin uses %0.1 of the world's energy and for that tiny fraction of energy uses gives the world a monetary system that can free it from the control and authority of financial institutions. It's a small price for such a great thing. This is energy well spent.

 

[Josemendez]

With teh energy usage of bitcoin and other crypto being called into question recently by teh tweet that was made by elon musk, there are many people that are not either trying to prove the currency is dangerous and others that are trying to prove that teh energy usage is minimal compared to existing systems. According to one article, bitcoin uses less energy than both the banking system that we have and the gold system. In fact gold is said to use more than two times the energy as bitcoin whereas banking uses 2.5 times moer than bitcoin. This research was conducted by Galaxy Digital. What are your thoughts on this investigation?

This is the first time I am reading this and I think it is quite considering especially now that people are starting to compare gold to bitcoin

 

[BullyMaguire]

It doesn't matter because elon just needs to give a reason for dumping his coins. He just temporarily accept it as a payment in tesla to pump the price

 

[LutherKing]

That's because gold requires extremely high temperatures for it to become pyre and you can not store that energy same is for bitcoin but different