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Posted September 22, 2022 00:43 · last edited September 22, 2022 00:44

Bullion
Ryan
You're right, I assumed he meant that one Bitcoin transaction has the same energy consumption as 1 million visa transactions.

Bulions point doesn't make a lot of sense to me, one transaction is one transaction. Unless we're talking lightning network.
My point is that you can't compare the energy consumption of the current financial system to crypto because it is just vastly more massive; and also comparing VISA transactions to bitcoin transactions, VISA transactions being vastly more energy efficient. 

Yep, we're agreeing then.

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Unknown editor edited September 22, 2022 00:44
Bullion
Ryan
You're right, I assumed he meant that one Bitcoin transaction has the same energy consumption as 1 million visa transactions.

Bulions point doesn't make a lot of sense to me, one transaction is one transaction. Unless we're talking lightning network.
My point is that you can't compare the energy consumption of the current financial system to crypto because it is just vastly more massive; and also comparing VISA transactions to bitcoin transactions, VISA transactions being vastly more energy efficient. 
so were agreeing then.