100 sats \ 1 reply \ @falsejaguar 10 Sep 2022 \ on: The truth about Bitcoin and its energy usage bitcoin
It doesn't matter how much energy something uses. What matters is how energy generation companies generate electricity. Electric cars and banning mining doesn't affect energy generation. Companies don't sell electricity, they sell a commodity (that happens to be electricity) like McDonald's selling hamburgers. It is done for profit so the question is do the customers pay, yes or no. If a Bitcoin miner or a trans health center or aids clinic pays their electric bill, that is the only relevant consideration.
I agree, but when most headlines are deceptive and manipulative, the truth is left behind and people are left with the wrong impression.
reply