Post
Topic
Board Speculation
Re: Debunking the waste of energy argument against Bitcoin
by
Samarkand
on 23/02/2018, 12:13:42 UTC
Google used 5.1 TWh in 2015. Bitcoin is at 51 Twh.
Google offsets all of it's carbon footprint.
Google has over 90,000 employees.

I think that even the vast majority of people here use Google more often than they use Bitcoin!



I´ve admitted that my comparison of Bitcoin mining to the US Military was somewhat flawed.
But I could easily argue that your comparison is flawed as well!

After all you are comparing a company with centralized solutions like a search engine
or a video sharing service to the best invention of the 21st century. If all Google services were
gone by tomorrow no one would really notice, because there are plenty of other search engines and
plenty of other video sharing services.

On the other hand if Bitcoin was gone by tomorrow this would be the death of the idea of a decentralized,
global world currency (or more accurate: an immutable settlement layer, because it will likely never be
used the same way that fiat is used now). If anyone of you thinks that a random altcoin would simply
take Bitcoin´s spot you are completely delusional.

Bitcoin could consume 100x the energy of Google and that still wouldn´t change the fact that one
is easily replaceable and the other is unique.