Politicians’ newfound love of crypto probably has more to do with a cynical bid for young voter support and Silicon Valley cash than a maturing of a financially perilous set of assets.
Back when Bitcoin was released, nobody was giving a thought to computer energy use.
It didn’t take long before people saw that energy was a major factor in cost of operations of the network.
It was a poor design decision
One that is fiercely defended by people who invested into the implementation. So it may not have started with it being anticipated, but not it is and people are actively choosing to perpetuate this use of energy.
It didn’t take long before people saw that energy was a major factor in cost of operations of the network.
One that is fiercely defended by people who invested into the implementation. So it may not have started with it being anticipated, but not it is and people are actively choosing to perpetuate this use of energy.