More energy in absolute terms, or per financial transaction?
I mean, what matters is whether replacing the entire financial system with Bitcoin would produce more emissions through mining than the system currently does.
I mean, what matters is whether replacing the entire financial system with Bitcoin would produce more emissions through mining than the system currently does.
Bitcoin is the settlement layer, tools built on top of it (like 2nd/3rd layer tech that can achieve 100K-1M+ transactions per second) require very little additional energy.