this post was submitted on 13 Dec 2023
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Hate this argument. No one ever discusses Fiat currency's environmental impact.
*Which includes literally, actually destroying the Amazon rainforest.
Bitcoin does need to be proof of work. any system without that isn't bitcoin.
ethereum also has no supply cap. they are different technologies almost entirely.
i would not call PoS bitcoin anything except p.o.s.
there is still a pow blockchain running for ethereum, and there would be for bitcoin, too, and that is the blockchain i would call bitcoin.
They talk about it all the time and the impact is much, much less.
And not all crypto is proof of work, some is proof of stake, which actually isn't too bad environmentally