Forbes in 1999 saying that the internet is terrible because it uses so much power. Sounds familiar? https://www.forbes.com/forbes/1999/0531/6311070a.html All global banking, central banks, govts, their useless staff etc, all still use far more than crypto ever will. Shut them down. [–]coinfeeds-bot 29 points30 points31 points 4 days ago (6 children) tldr; The Internet may someday save us bricks, mortar and catalog paper, but it is burning up an awful lot of fossil fuel in the process, according to a report. "The digital age, it turns out, is very energy-intensive. Under the PC's hood, demand for horsepower doubles every couple of years," the report said. "We are using more chips -- and bigger ones -- and crunching more numbers," it added. This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. permalink embed save report give award reply [+]Schwickity comment score below threshold-19 points-18 points-17 points 4 days ago (4 children) Smart phone uses like 5 cents of electricity a year permalink embed save parent report give award reply [–]alive1 31 points32 points33 points 4 days ago (2 children) Thing is, your smart phone is connected to a long and intricate series of infrastructure that in total accumulation burns an incredible amount of energy. But your analogy is the perfect representation of a hyper-individualist saying "I don't rely on anyone, why should anyone rely on me?" -- like yeah, maybe you learned to tie your own shoes but someone made those shoes for you. Just like a smartphone would be completely useless without the rest of the internet backing it up, any one human would be completely lost without a whole society helping them to exist. permalink embed save parent report give award reply [–]JakAllen3141 1 point2 points3 points 3 days ago (0 children) Facts. permalink embed save parent report give award reply [–]Aerith_Gainsborough_ 0 points1 point2 points 2 days ago (0 children) any one human would be completely lost without a whole society helping them to exist So you are just your circumstances, nothing more. permalink embed save parent report give award reply [–]sylsau 10 points11 points12 points 4 days ago (0 children) It's always the same with a major technological disruption. The general public doesn't see the advantages of adopting it. The media oppose it and come up with reasons to avoid it, which then seem totally stupid. The same thing will happen with Bitcoin! permalink embed save report give award reply [–]DaBTCStd10yrsredditor for 2 weeks 32 points33 points34 points 4 days ago (25 children) yeah, and now nobody talking a thing about amazon, google, Microsoft, meta, ibm,.... all of them with their centralized mega-servers racking up billions of kWh every year, that's seem fair to our liltle p2p electronic cash system, right? RIGHT? permalink embed save report give award reply [–]AlienPearl 11 points12 points13 points 3 days ago (0 children) They buy carbon credits, everything will be all right 👍 permalink embed save parent report give award reply [+]TopDasher4Life comment score below threshold-28 points-27 points-26 points 4 days ago (23 children) They actually create value beyond hosting the worlds largest casino. permalink embed save parent report give award reply [–]ScarPersonal 20 points21 points22 points 3 days ago (14 children) If the last few years hasn’t taught you that we need sound, trustless money, then you are living under a rock permalink embed save parent report give award reply [+]TopDasher4Life comment score below threshold-17 points-16 points-15 points 3 days ago (13 children) It’s not money if you can’t lend in it. 75% of household expenses are mortgage, auto loans, and credit card. Bitcoin has had 10+ years and has made zero headway in this. Plus… no one would be willing to accept Bitcoin as salary, no banks accept Bitcoin deposits (or gold deposits for that matter), and no country or even community has made any cryptocurrency their sole currency. Probably because countries like to be able to exercise fiscal policy to manage inflation as much as possible. Where I live, a very tech savvy Seatte, WA, I can more easily take my graded and authenticated Ken Griffey Jr card and purchase things with it than I could get businesses to accept bitcoin. Someone tried to tell me that there are bitcoin debit cards where you can use them at businesses, but I can guarantee you that requires a sale of bitcoin into fiat because Bitcoin is not a recognized currency by anyone outside of its religious holders who are in it for the potential gain in its value. I feel bad if you believe that bitcoin can even stabilize in value. It’s like you can’t read a basic chart. Well, I am not one to diss someone else’s religion. Take care. permalink embed save parent report give award reply [–]ScarPersonal 16 points17 points18 points 3 days ago (11 children) It’s incredible how wrong you are. Almost everything you said is 100% incorrect. Countries are adopting it Businesses are adopting it Loans and financial services are available and exponentially growing Why don’t you try educating yourself instead of spouting lies on Reddit? permalink embed save parent report give award reply [–]DaBTCStd10yrsredditor for 2 weeks 4 points5 points6 points 3 days ago (0 children) I think he's a buttcoin member, don't know why he's here, Bitcoin doesn't care permalink embed save parent report give award reply [+]TopDasher4Life comment score below threshold-8 points-7 points-6 points 3 days ago (9 children) You are lying. Name a country who has a crypto as a primary currency. Name a brick and mortar business (not online) that primarily is accepting bitcoin. Name a single chartered financial institution in the US with crypto on its balance sheet. permalink embed save parent report give award reply [–]ScarPersonal 12 points13 points14 points 3 days ago (8 children) El Salvador a large number of restaurants and small businesses around the globe, micro strategy, Tesla (for a time), Ledn, hell even Real Estate transactions have been completed in bitcoin. Caitlin Long has been trying to get a bank approved that has a bitcoin focus but has faced opposition from the fed. But it’s a matter of time Blackrock and many other large institutions have filed for Bitcoin ETFs. Just because you’re burying your head in the sand and ignoring reality doesn’t mean you are correct. It’s not a religion, but it is the solution to many of society’s problems today. You will see. permalink embed save parent report give award reply [+][deleted] 3 days ago (7 children) [removed] [–]ScarPersonal 5 points6 points7 points 3 days ago (6 children) I’m not reading all that. Your weird & obsessed. And wrong. But you’ll learn eventually permalink embed save report give award reply [+]TopDasher4Life comment score below threshold-7 points-6 points-5 points 3 days ago (5 children) I have been following bitshit since 2010. Nothing has changed. No countries, no businesses, no loans, no banks… it’s all a casino. Pump and dump. Keep believing in adoption though. permalink embed save parent report give award reply continue this thread [–]Wesley-Kenneth 5 points6 points7 points 3 days ago (1 child) What’s the name of the casino being hosted? permalink embed save parent report give award reply [+]TopDasher4Life comment score below threshold-7 points-6 points-5 points 3 days ago (0 children) Bitcoin permalink embed save parent report give award reply [–]jelloshooter848[S] 1 point2 points3 points 3 days ago (4 children) How is the bitcoin network a casino? permalink embed save parent report give award reply [–]Ok-Abbreviations6442 2 points3 points4 points 3 days ago (2 children) Don't worry, it just looks like Buttcoin left the barn door open by mistake. One of them got out. permalink embed save parent report give award reply [–]jelloshooter848[S] 1 point2 points3 points 3 days ago (1 child) I looked at his history briefly and didn’t see any recent buttcoinery. I think he’s actually just a shitcoiner. Most shitcoiners either become bitcoiners or buttcoiners eventually though. permalink embed save parent report give award reply [–]HollandCoilCo 1 point2 points3 points 3 days ago (0 children) Because his dumbass lost money from selling permalink embed save parent report give award reply [–]armsdev 8 points9 points10 points 3 days ago (0 children) People can't look at new tech having old mindset. I've met people in my life speaking, reviewing or judging on tech that they were unable to understand, cause they couldn't get out of the box with their mind. They only could repeat quotes they heard or seen in media, or they were simply spreading misinformation, because that was to their financial benefit. The good thing is that: Who wants - joins; who doesn't want - can be simply ignored. Nobody in this community is obligated to enlighten others. Be your own advocate, mind your own business. You can't save everyone. Save yourself and that will be more than enough. At certain point Bitcoiners might have financial advantage over the other people. That is fine as well. Don't feel guilty for your friends or families who chose to stay with FIAT - it's their choice. Respect that. permalink embed save report give award reply [–]suidoc 8 points9 points10 points 3 days ago (0 children) CTRL+H replace Internet with Bitcoin. There you go Forbes. permalink embed save report give award reply [–]Full-Guide-7713 4 points5 points6 points 3 days ago (0 children) This article makes it clear that this whole internet thing is extremely unsustainable and it’s eventually going to fade away and everyone is going to forget about it. permalink embed save report give award reply [–]Otherwise_Control_53 2 points3 points4 points 4 days ago (3 children) Honestly if everyone had got pcs it might have been a bit of a problem. That didn't happen though and smartphones and laptops use 1/10th the electricity. In the past nobody had pcs and in the future it seems likely that most people won't either. The 90s was probably the time of peak pc ownership. If it had been a significantly higher peak it might have stressed the grid but that didn't happen. permalink embed save report give award reply [–]jelloshooter848[S] 5 points6 points7 points 4 days ago (1 child) I think the point was more about the amount of power servers and business pc’s use more than home pc’s permalink embed save parent report give award reply [–]Otherwise_Control_53 -1 points0 points1 point 4 days ago (0 children) It talks about pcs and I do think that is the right issue to focus on. There aren't that many data centers.. yes they use lots of electricity but say it's equivalent to the extra consumption for pcs for 100k homes.. and maybe there's 1000 such DC's worldwide. Converting homes from incandescent lightbulbs to led saved a shit load of power and basically allowed us to get by without building lots of new power plants. permalink embed save parent report give award reply [–]bitsteiner 2 points3 points4 points 4 days ago (0 children) ICT electricity consumption is growing faster than overall electricity usage. It will consume up to 20% of all electricity by 2030 (currently up to 10%). Your smartphone is just a front end device, it wouldn't work without all the data centers providing services. In addition lower cost and higher efficiency open the market for more applications and more users (even in Africa almost everyone has a phone now), which have the opposite effect, driving resource usage up, not down (rebound effect, Jevons Paradox). permalink embed save parent report give award reply [–]Si1entDruidredditor for 5 weeks 1 point2 points3 points 3 days ago (0 children) They failed to consider the technological advancement permalink embed save report give award reply [–]falsejaguar 1 point2 points3 points 3 days ago (1 child) It's a funny concept. If people pay for their electricity it's no problem. Period. Makes zero sense to even consider the power consumption at all. If we need more power, generate more power. Done. permalink embed save report give award reply [–]STOCKSLAYER710 -1 points0 points1 point 3 days ago (0 children) 😂 permalink embed save parent report give award reply [–]sebikun -2 points-1 points0 points 4 days ago (0 children) I mean they are not absolutely wrong. Just look at the sub today or watch the kids. Everyone is fucked up through social media and we know it and pretend, it's okay it's not that bad. Still you can't stop innovation, best we can,is to learn to live with it, accept it and find a healthy way and this takes time. A lot of time permalink embed save report give award reply [–]Ambitious-Union-4318 0 points1 point2 points 3 days ago (0 children) Looks like Forbes needs to catch up with the times again. Don't they know Bitcoin already solved this problem? permalink embed save report give award reply [–]zTeve_0 0 points1 point2 points 3 days ago (0 children) Compare how much electricity Wall Street or Madison square Gardens uses this whole argument is idiotic permalink embed save report give award reply [–]okasiyas 0 points1 point2 points 3 days ago (0 children) «The current fuel-economy rating: about 1 pound of coal to create, package, store and move 2 megabytes of data.»