Read_550 - Bitcoin's Energy Use isn't a Problem, Here's Why [Lyn Alden]

Published: Aug. 12, 2021, 7:02 a.m.

"And it\u2019s easier to sensa\xadtion\xadalize things for pageviews or polit\xadical gain. For example, it\u2019s commonly said that the Bitcoin network uses more energy than some countries. That\u2019s true, but then so does Google, Youtube, Netflix, Facebook, Amazon, the cruise industry, Christmas lights, house\xadhold drying machines, private jets, the zinc industry, and basically any other sizable platform or industry. From that list, Bitcoin\u2019s energy usage is the closest to that of the cruise indus\xadtry\u2019s energy usage, but bitcoins are used by more people, and the network scales far\xa0better." - Lyn Alden\n\nToday we read an amazing and comprehensive view of the entire argument around Bitcoin and energy with all of the fallacies and misunderstandings. Is Bitcoin's energy use really a problem? Find out!\n\nCheck out the full article with tons of extra to help visualize the arguments and explore further at the Swan Bitcoin blog:\nhttps://www.swanbitcoin.com/bitcoins-energy-usage-is-not-a-problem-heres-why-by-lyn-alden/\n\nDon't forget your goodies from our awesome sponsors!\n\n5% off the\xa0BitBox02\xa0with code "GUY," your bank grade digital vault for your Bitcoin keys from\xa0Shiftcrypto.ch\n\n\nAnd secure your Bitcoin future by starting your automatic savings plan at\xa0SwanBitcoin.com/guy\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message