SvennoJ said:
jason1637 said:
I mean everything we do has an environmental impact. Atleast there’s options out there that drastically lower that. For example the banking and gold industry harm the environment far more than crypto does but it’s ridiculous to get rid of physical currency in exchange for digital.
The blockchain is a reliable way to manage NFT contracts and the tech can be used for a lot more than art. |
Nope:
According to independent researchers Max Krause and Thabet Tolaymat, it takes 17 megajoules (MJ) of computer power to generate $1 of bitcoin and only 5MJ of energy to produce $1 of gold. In fact, bitcoin mining is nearly 15X more carbon intensive than mining an equivalent amount of gold (in dollar terms). |
Yeah I said the banking and gold industry. Include banking into that and physical currency is way more harmful than digital currency.
