Wait but that’s like saying that as long as the world has at least one electric car the internal combustion engine can continue to exist without issue.
If the vast majority of cryptocurrencies are still power hungry and the most commonly used cryptocurrency is power hungry then the fact that some of the others are better doesn’t really help.
Knock_Knock_Lemmy_In@lemmy.world 2 months ago
No. PoS (EV makers) are not supporting the existence of PoW (ICE vehicles). In fact, one builder made a deliberate planned move from PoW to PoS. All new builders are PoS.
False. Remove Bitcoin (>100TWh) and the only PoW coin in the top 10 is DOGE (~4TWh).
echodot@feddit.uk 2 months ago
Oh great so if you remove bitcoin your argument works, trouble is, bitcoin exists
Knock_Knock_Lemmy_In@lemmy.world 2 months ago
The only way to remove bitcoin is through redundancy.
Support it’s successor technologies that improve on the design in every single dimension (including energy efficiency).
LandedGentry@lemmy.zip 2 months ago
Knock_Knock_Lemmy_In@lemmy.world 2 months ago
The analogy doesn’t stretch to allowing fiat to be compared to public transport.
A medium that is decimated when Trump shouts “Tariff” is not the gold standard.
Fiat is only the gold standard when it is backed by actual gold.
LandedGentry@lemmy.zip 2 months ago