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Comment by bujak300 | Hacker News Reader

Also, it's an ecological disaster

Much energy usage would be an "ecological disaster" if you categorized it as unnecessary, which most things are. Do you REALLY need AC? Do you really need to watch dumb rendered internet videos?

AC has a real world use of cooling down a house; Bitcoin doesn't. That is a horrible comparison. TikTok or Youtube videos might be more akin, but even then people are creating content which others are willing to consume. BTC is literally just a transfer of value, which could be done with much less power spent.

Can transfer of value be done with much less power spent (especially if decentralized)? If it there is a superior alternative, wouldn't you be referencing it by name?

Why does it need to be decentralized? That's you shoehorning crypto-anarchism into the equation. I am fine with a centralized currency, just as I am with a centralized group of people making critical decisions for the country (governments).

Yes it is known that Bitcoin doesnt cool a house. Thank you for pointing that out captain obvious. Its purpose is to stop central banks from destroying peoples lifelong labor they sacrificed their time and health for.

Ill leave it to you to invent the secure system that uses less power since nobody else seems to be able to figure it out. If you know of a way, please specify step by step in detail and how to roll that out effectively.

As I mentioned into the other comment- you are shoehorning decentralism into the topic. Not everyone has the belief that central banks are destroying peoples lives; or at least most will recognize the role it plays in keeping a relatively stable economy.

First, people do complain a lot about people running their AC at 72 in the summer. But more critically, there isn’t an alternative to AC that uses six orders of magnitude less energy.

There isnt an alternative to btc either. If you know of it please explain in detail how it works step by step. Eth2.0 aint it.

People say Bitcoin, but really they mean the success of cryptocurrency. There are more mechanisms than just proof of work.

If by more you mean one then I agree: proof of work and proof of stake. The other ones are too fringe.

But at least it's an interesting ecological disaster!

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