For everyone complaining about bitcoin wait times and transaction fees. Americans spend around 215B in bank fees (ATM Withdrawal, Overdraft, etc) a year and an ACH transfer takes 2-3 days, not holidays and not the weekend. On large money transactions, it is even worse
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It isn't waste if the energy is created through renewable sources. No, it isn't fine to waste a huge amount of energy. The world we live in wastes a huge amount of energy. I believe this has the potential, while currently it might LOOK like the opposite, to reverse that.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Define “waste” and “huge amount”. I wonder how much energy other much more pointless endeavors “waste” - like video games, reality tv, fast cars and jets - these things have no potential to do any future good or incentive to move themselves to renewables
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I think about this sometime when I’m deploying some side project web app - “is this idea worth the energy it’s using?” Imagine telling every new comer to any field that their ideas weren’t worth computing power/energy yet until they have better ideas or until costs come down
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My point is once you start drawing a line for “too much usage to be worth it as-is today” you get into hot water
End of conversation
New conversation -
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