Cryptocurrency: Energy Consumption Myth

grarpamp grarpamp at gmail.com
Tue Jan 29 00:57:15 PST 2019


https://digiconomist.net/bitcoin-energy-consumption
https://www.economist.com/the-economist-explains/2018/07/09/why-bitcoin-uses-so-much-energy
https://arstechnica.com/tech-policy/2018/05/new-study-quantifies-bitcoins-ludicrous-energy-consumption/
https://qz.com/1364657/bitcoins-energy-consumption-isnt-as-bad-as-you-think/
https://cointelegraph.com/news/researcher-challenges-bitcoin-mining-energy-consumption-alarmists-says-debate-oversimplified
https://thenextweb.com/hardfork/2018/08/28/bitcoin-drives-energy-innovation/

https://www.federalreserve.gov/foia/files/2019currency.pdf

Cryptocurrency costs far less than it does for
a single country to do literally nothing more than
simply print and ship Fiat paper notes back and
forth between 2 hubs covering 12 spokes, when
including all the costs of everything else out to
individual wallets and pockets.

All the articles about cryptocurrency consuming
more energy than Fiat, namely the entire global
system of Fiat, all costs in... are complete FUD
and Lies from State Agents fighting to survive.

If you doubt  this, try making a list of everything the
global fiat system uses, needs, costs and pays to run.


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