Post
Topic
Board Beginners & Help
Re: Bitcoin isn't green
by
MoonShadow
on 17/04/2012, 01:35:39 UTC
Bitcoin needs mining. Mining costs a whole lot of electricity. Electricity still mostly comes from fossil fuels.

Ergo, bitcoin isn't green.

Any thoughts about this?

The US dollar needs paper from trees & cotton, and printing presses, and a mint, and employees, and security trucks to move it around, and computers to count it all, and banks to hide it in, and construction of banks, and more employees.  All of these activities require electricity, and material resources, and human resources.

Ergo, the US dollar isn't green.