this post was submitted on 27 Feb 2024
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(page 3) 46 comments
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[–] O_i@lemmy.world -5 points 1 year ago* (last edited 1 year ago) (14 children)

Does anyone know how much energy the banking system uses?

Edit: lol so much downvote for a reasonable question? Enjoy your inflation and your money being sent overseas by your masters squares

https://www.youtube.com/live/1jOUnFH-Ins?si=DNiscpajsDoUmbvd

[–] Honytawk@lemmy.zip -2 points 1 year ago

The amount of energy the banking system uses is linear.

The amount of energy crypto uses is exponential.

It really isn't the argument you think it is.

[–] glowie@h4x0r.host -5 points 1 year ago (6 children)

Yes. Legacy banking systems use way more than at least Bitcoin.

"Bitcoin's emission intensity, a measure of emissions per unit of power, is now its lowest ever, dropping 18x faster than the banking sector over 4 years."

https://www.batcoinz.com/p/issue-001-the-narrative-is-shifting

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