Bitcoin's Carbon Footprint 100x Smaller than Dollar's

Mar 29, 2021

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One popular critique of Bitcoin is energy cost per transaction. This doesn’t begin to capture Bitcoin’s massive energy savings compared to fiat currency.

Bitcoin’s cost per transaction is well known, and often critiqued; one article in Wired Magazine called Bitcoin “A big middle finger to earth’s climate.” This is because Bitcoin’s security, redundancy,…

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