• josefo
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      9 hours ago

      The jerk is taking about Bitcoin vs Banks/Finance, not vs BOINC

    • jagged_circle@feddit.nl
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      11 hours ago

      Yep. Theres a lot of misinformation due to bank lobbys propaganda. Bitcoin was designed to be more efficient.

      It doesn’t need humans to deal with transaction reversals (this was a key part of the design per the white paper), so you cut out all the energy that goes into creating buildings for offices and maintaining them. Also it scales up without using additional energy, so if you actually look at the numbers it uses magnitudes less energy.