Read_550 - Bitcoin's Energy Use isn't a Problem, Here's Why [Lyn Alden]
"And it’s easier to sensationalize things for pageviews or political 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, household 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 industry’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/
Don't forget your goodies from our awesome sponsors!
5% off the BitBox02 with code "GUY," your bank grade digital vault for your Bitcoin keys from Shiftcrypto.ch
And secure your Bitcoin future by starting your automatic savings plan at SwanBitcoin.com/guy
Learn more about your ad choices. Visit megaphone.fm/adchoices
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
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/
Don't forget your goodies from our awesome sponsors!
5% off the BitBox02 with code "GUY," your bank grade digital vault for your Bitcoin keys from Shiftcrypto.ch
And secure your Bitcoin future by starting your automatic savings plan at SwanBitcoin.com/guy
Learn more about your ad choices. Visit megaphone.fm/adchoices
---
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
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