• @shrodes@lemmy.world
      link
      fedilink
      English
      1
      edit-2
      6 days ago

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

      • @jagged_circle@feddit.nl
        link
        fedilink
        English
        06 days 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.