Bitcoin

Out of context: Reply #2226

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    Bitcoin's growing e-waste problem

    "Highlights

    Bitcoin's annual e-waste generation adds up to 30.7 metric kilotons as of May 2021.


    This level is comparable to the small IT equipment waste produced by a country such as the Netherlands.


    On average Bitcoin generates 272 g of e-waste per transaction processed on the blockchain.


    Bitcoin could produce up to 64.4 metric kilotons of e-waste at peak Bitcoin price levels seen in early 2021.


    The soaring demand for mining hardware may disrupt global semiconductor supply chains."

    https://www.sciencedirect.com/sc…

    • Bitcoin is spearheading the move to renewable energy, eg replace aluminium smelting in Iceland with BTC mining on thermals.shapesalad
    • Layer 2 protocols will handle the majority of transitions and be more eco friendly, bitcoin as a layer 1 will be more akin to gold.shapesalad
    • How much waste has all the fiat in existence to date made? Like how concerned with emissions were the Roman coin smelters?shapesalad
    • How many trees chopped down to make paper monies?shapesalad
    • You forgot to bring up money laundering, high volatility, black market, ponzi scheme, and hackerszaq
    • @shape lol you do know all that is vaporware right? hahaaa
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    • also most moneyz iz plastic or cotton you fool

      not to mention a very little percent of all the moneyz in existenz as most moneyzz iz digital duh
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    • for the last 20 years or so I rarely have more than $100 in my physical wallet. its usually only used if I go to a store that doesn't have a card reader or onejonny_quest_lives
    • shady steal your pin atm machines outside of it... my day to day transactions are largely electronic via card or phone. how does bitcoin beat the utility thatjonny_quest_lives
    • millions of people around the world currently use in their day to day transactions.jonny_quest_lives
    • https://youtu.be/Z5r…jonny_quest_lives
    • crypto heads simply choose to not accept facts, science and common sense, just like MAGA peoeple
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