this post was submitted on 20 Aug 2023
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Out of sheer curiosity I wonder how much energy consumption is used for standard currencies. I'm sure it's less than 0.5% but I wonder
I'm not sure that the combined energy consumption of the aggregate financial system is less than 0.5%, but it does, unlike Bitcoin, provide utility, not withstanding any reasonable objection to the fairness of this system.
Oh definitely, no implication that's it's poor or bad from me. Like I said, mostly just curious.