this post was submitted on 03 Apr 2024
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Monero

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Proof of stake is more energy efficient.

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[–] [email protected] 6 points 8 months ago* (last edited 8 months ago) (3 children)

You do realize that proof of work uses a negligible amount of energy compared to banking institutions, right? Its not even worth talking about because its a non-issue.

The real question is: why dont banks just use Monero and get rid of all their wasteful infrastructure?

[–] [email protected] 5 points 8 months ago (1 children)

Banks are hypocritical. They cry about crypto spending too much energy without even bothering to look at their energy usage.

[–] [email protected] 4 points 8 months ago* (last edited 8 months ago) (1 children)

What? Yes, they looked. And they spread a ton of disinformation that was extremely effective

The fact that this question exists is testament to them.

Its the same for the tobacco industry and the oil industry. They know that they're the big polluters killing people. The looked, and they hired PR companies to spread disinformation.

[–] [email protected] 2 points 8 months ago

I meant that they didn't make that information public.

[–] [email protected] 0 points 8 months ago

Missing the point