Cryptocurrency
Cryptocurrency
Out of context: Reply #54
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- Nairn2
"Multiply by a few million office floors all across the globe."
But isn't that exactly the point? Those millions of energy expenditures are utilised by millions, tens of millions of people which then fund further tens or hundreds of millions of people in their economies.
Comparing Crypto energy expenditure to the global financial system is ... well, a bit daft, given the gulf in actual usable value for actual human beings between them.
- that energy could be spent in more useful ways and more eficiently, giving people the oportunity to pursue more creative and self fulfilling activities.ESKEMA
- Crypto also allows people in their economies to flourish in a more liberating wayESKEMA
- It doesn't really, at all. In Africa and China centralised but mobile-based financial services massively dwarf crypto usage.Nairn
- No one is utilizing the lights at night. They're just on because someone decided that grainy security camera footage is worth a few thousand bucks per year.nb
- But your other point is solid. Should not compare crypto to global financial system. Although one might argue how real that is....nb