"The computers used to create valuable new Bitcoin tokens and validate transactions consume around the same amount of energy as a medium-sized country such as Sweden would generate. Hence the stinging critique of how this cryptocurrency wastes the planet’s precious resources." — Ian Birrell
Is it true that Bitcoin only wastes energy and is the sole purview of financial gambling and speculation in the western world, or are there boots on the ground showing the real results of the "pioneer species" thesis we've recently covered? What if Bitcoin is bringing both financial independence, and electricity, those those with no other viable options? This incredible article is not to be missed.
Check out the original article at The African village mining Bitcoin - UnHerd (Link: https://unherd.com/2024/01/the-african-village-mining-bitcoin/)
References
Host Links
Check out our awesome sponsors!
“Technological change is not additive; it is ecological. A new technology does not merely add something; it changes everything.”
― Neil Postman
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/messageCompleting the Lightning Puzzle with Part 3 of Understanding the Lightning Network. The riveting conclusion of Aaron van Wirdum's series on the Lightning protocol...
"Research from Mexico — a typical country in terms of consistent involvement historically from the Bank and Fund — shows that for every 2%...
"NWC is useful for far more than simply integrating Lightning into Nostr applications as well. The entire design philosophy of Nostr itself as a...