Podcasts: Read_550 - Bitcoin's Energy Use isn't a Problem, Here's Why [Lyn Alden] đź”— 3 years ago
- Category: Podcasts | Bitcoin Audible
- Author(s): Guy Swann
- Published: 12th August 2021 08:02
"And it’s easier to sensaÂtionÂalize things for pageviews or politÂical gain. For example, it’s commonly said that the Bitcoin network uses more energy than some countries. That’s true, but then so does Google, Youtube, Netflix, Facebook, Amazon, the cruise industry, Christmas lights, houseÂhold drying machines, private jets, the zinc industry, and basically any other sizable platform or industry. From that list, Bitcoin’s energy usage is the closest to that of the cruise indusÂtry’s energy usage, but bitcoins are used by more people, and the network scales far better." - Lyn Alden
Today we read an amazing and comprehensive view of the entire argument around Bitcoin and energy with all of the fallacies and misunderstandings. Is Bitcoin's energy use really a problem? Find out!
Check out the full article with tons of extra to help visualize the arguments and explore further at the Swan Bitcoin blog: https://www.swanbitcoin.com/bitcoins-energy-usage-is-not-a-problem-heres-why-by-lyn-alden/
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