I think it's silly this comparison is even being made. The planet is heating and we have been measuring it for some time, along with the rise in CO2. So ignore the models if that's your concern and just look at the measurements.
No. Crypto is not suitable for money laundering because it uses an immutable public ledger, and starting from the point at which you enter USD into the crypto system it is tracked. Criminals use private banks and cash.
Can a government agency pull out the ledger for all bitcoins ever or is it only for the owner of that specific bitcoins.
I don't agree that "climate" is a problem. No one has ever shown it to be true. The models have never been accurate and climate related deaths are at all time lows.
So can anyone peruse this ledger and get names and addresses?
Every transaction that has ever occurred on the blockchain since its inception is viewable. Wallet addresses and balances are anonymous but not hidden from view. Law enforcement uses this to track down stolen funds.
Besides climate issue, I don't have any trust on crypto which has big peak and null, serious room mode of price as reserve currency which should be much more serious than FR of speakers out of harmankardon target curve.
It’s the anonymous part I don’t like I don’t think wealth should be anonymous at all . But I’m glad some tracking is possible by law enforcement
Good questions.Can a government agency pull out the ledger for all bitcoins ever or is it only for the owner of that specific bitcoins.
If it’s only transparent to the owner it’s still to much anarchy for me.
If you can hide funds with it it’s inherently bad .
I’m not surprised that climate denialists and other flat earthers are in the same venn diagram as bitcoin supporters.
Using so much energy for what ? It makes no sense at all , hence nothing coming from this senseless behaviour can be of any benefit ? And the “investment” in this economy ??
If you buy stock for speculation at the end there often real companies doing something tangible somewhere , something gets built or manufactured .
I’ll take my coat and leave this tread , good luck destroying the world
Then just look at the measurements as they are telling a clear story. We are all about measurements here at ASR.
climate.nasa.gov
Nope, it's just evidence of Theory of relativityI think you may be drinking more than me
Yeah. Most of them act like stocks in their price behavior. In fact, the mechanisms are exactly the same.
Then just look at the measurements as they are telling a clear story. We are all about measurements here at ASR.
Climate Change - NASA Science
NASA is a global leader in studying Earth’s changing climate.
As of this writing:
Carbon Dioxide: 422 ppm (normal range 180-280 ppm)
Global Temperature: +1.1c since preindustrial era (average surface temperature increase—poles are warming 3-4x faster than the equator)
Arctic Sea Ice Minimum Extent: -12.2% per decade since 1979
Ice Sheets: -424 billion metric tons per year
Sea Level: +4 inches since January 1993
Ocean Warming: +345 zettajoules since 1955
This has many implications. The rapid warming of the arctic has disturbed the jet stream, causing the polar vortex to swirl out of control, putting the U.S. into a deep freeze and whipsaw temperature fluctuations several times over the last few years. Rain and drought patterns change. Rain falls less often but much harder. Droughts last longer. Crop production is disturbed. Coral reefs are being scorched and fish reproduction is in decline due to the warming oceans and their acidification from taking up mass quantities of CO2. We are currently witnessing a mass extinction of species on Earth. All that expensive oceanfront real estate battered by flooding will cost more than prevention. I could go on.
That is not true. Christmas lights don't exceed electrical use of bitcoin.
We must ban christmas lights before they destroy the entire planetThat is not true. Christmas lights don't exceed electrical use of bitcoin.
Where is my "I'm sorry i fell to a psyop" apology?We must ban christmas lights before they destroy the entire planet
US Christmas lights use more energy than entire countries
American household Christmas lights, a favorite holiday tradition, use up more electricity than some poorer countries—such as El Salvador or Ethiopia—do in a year.phys.org
There is no such thing as intrinsic value. Communists like to think there is, like the labor theory of value, but there isn't. It's made up. Ends badly. Look to the past for confirmationBesides BC is AI like ChatGpt becoming an even (more) electric consuming activity. Are there any predictions on that. Or for that matter an Google search. ?
Really how does this all justify any intensic value other than mostly profit maximalization that depleting this world natural rescources faster
A few months ago, the Reddit group r/aipromptprogramming posed an interesting question to ChatGPT: How much energy does a single GPT query consume? The estimated energy consumption of a Google search query is 0.0003 kWh (1.08 kJ). The estimated energy consumption of a ChatGPT-4 query is 0.001-0.01 kWh (3.6-36 kJ), depending on the model size and number of tokens processed.AI and its carbon footprint: How much water does ChatGPT consume?
AI requires energy and water. While firms are working on reducing their carbon footprint, users too need to be discerning in how they use AIlifestyle.livemint.com
That means a single GPT query consumes 1,567%, or 15 times more energy than a Google search query. To put it in context, a 60W incandescent light bulb consumes 0.06kWh in an hour.l