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> When compared to the enormous inefficiency of the global banking system, the energy consumed per transaction for crypto comes out far, far ahead

Visa: 3.1 billion cards; $8.9 trillion in transactions in 2016; 65,000 transactions per second capacity.

Bitcoin is a very sad joke compared to just Visa. The global banking system is a marvel of efficiency by comparison.

Bitcoin is consuming as much electricity as the Czech Republic or Switzerland and half as much as the Netherlands.

Dollar for dollar, the global banking system is using less than 1% of the electricity that Bitcoin is.




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