• shrodes@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    2 days ago

    And how many magnitudes less transactions does Bitcoin do than all traditional financial institutions?

    • jagged_circle@feddit.nl
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      1
      ·
      1 day ago

      Yep, now you’re seeing my point. As bitcoin scales up, it uses no additional energy. That’s the kicker.

      But as traditional finance scales up, the energy required increases with no limits. Thats why bitcoin uses magnitudes less energy than these dumb and wasteful banking systems.