Post
Topic
Board Bitcoin Discussion
Re: BTC less efficient than Visa
by
crumbs
on 13/08/2013, 22:15:52 UTC
Visa's underlying currency (fiat) uses *zero* energy (paper notes).
False, quite some energy and other ressources are required for minting/printing and distribution.

Childish pedantry.  How much energy do you think is used to print a hundred dollar bill?  You think the FED is doing J/$ calculations before they fire up their printing presses?

Why care when you can make as big debt as you like - it would be childish not spending as much as you can get away with

If printing money was proportionately as costly as mining BTC, the presses would not stop 'til it costs more than a dollar to print a dollar.