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Run on crypto | This has led to a flourishing ecosystem of crypto projects that bring skilled individuals together into teams trying to solve new and exciting problems. The study estimates Argentina's consumption at TWh and the Netherlands at Instead, a crypto project's development is in the hands of the community. Many other industries can be deemed unnecessary considering their environmental impact, so this issue is certainly not unique to crypto. Conversely, forks can help us understand one of crypto's biggest strengths - open source development. |
Most common bitocin arguements | The reward halves every four years. This is a common argument that suggest the energy required to sustain cryptocurrencies such as Bitcoin isn't justified and is an unnecessary contribution to global warming. Any financial system will have certain properties and guarantees, and they never come for free. This is not a characteristic of one-time manias. Yes, a lot of people are just buying it for speculative reasons, but if it was a poor store of value or just a Ponzi Scheme would it have survived 12 years and numerous down-cylces? See All Benefits. |