I'm well aware of blockchain. I'm not against it as a technology, nor am I totally against all crypto-currencies. But Bitcoin is poorly constructed, and I'm sure if the founders knew a transaction would use as much power as a house in a month, they may have re-thought that part of it. It's incredibly flawed at the moment, for all the reasons I mentioned in my previous post. Develop a coin that can be easily bought(no, Bitcoin is not easy to acquire) can process a transaction in seconds, for pennies, and uses as much power as a Visa transaction and then it might make sense. Bitcoin is bonkers in any logical analysis.
We should not be encourage wasting electricity in any industry, let alone one that is used by a minuscule number of people, where many much better alternatives exist. What percentage of Bitcoin transactions are to actually purchase something, as opposed to what amounts to speculating on it's growth?
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