"Tesla will not be selling any bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy... We are also looking at other cryptocurrencies that use (less than 1 per cent) of bitcoin’s energy/transaction."

- #ElonMusk, CEO of #Tesla, 2021

news.com.au/finance/money/inve

#BitCoin #CryptoTokens #blockchain

@strypey I looked through the comments on this thread and was surprised that nobody remarked on how many more people use youtube compared to bitcoin.

It's unfortunate that one company has a monopoly and that their recommendation engine leads so many down conspiracy rabbit-holes. On the positive side, there's a lot of educational content available (between the ads).

It would be great if they used less energy, but one can believe that and still think this is an indirect comparison.

@ansuz
Fair point. A full apples-with-apples comparison would have to consider both quantitative and qualitative factors, including those you've raised. My point was to remind people that Bitcoin is not the only thing on the net that uses energy and produces carbon emissions. Hoping to open up a larger discussion of this as a general problem and how we (the 'verse and other decentralized tech) might contribute to the problems and the solutions.

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