Comment on Bitcoin estimated to use 0.5% of the world's electric energy by end of 2018parentComments−antris8yI guess the point is, in the traditional money system we could create that $100k with practically zero energy.−dr_win8yNo, mining gold is not cheap. And if by "traditional money system" you mean fiat then I must argue that it is not comparable. Comparing bitcoin to fiat is like comparing gold to paper.
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I guess the point is, in the traditional money system we could create that $100k with practically zero energy.
No, mining gold is not cheap. And if by "traditional money system" you mean fiat then I must argue that it is not comparable. Comparing bitcoin to fiat is like comparing gold to paper.