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I mean, yeah, it’s bad. We shouldn’t be ignoring how bad bitcoin is for the environment.
But are you really gonna tell me that all the computers and CPU time that Wall Street uses for trading somehow takes less?
It doesn’t matter what financial system you use, you’re still burning energy to make it work.
As far as transactions, yes, something like Visa takes way less than Bitcoin. For HFT compared to crypto, who knows, but one thing they’re not doing is something intentionally wasteful like proof of work.
Doesn’t the lightning network which is millions of times faster than btc alone solve this?
