Hacker News Reader

Quit wasting power on this nonsense, period! As of right now, Bitcoin alone accounts for more power usage than the entirety of Iceland. All that pollution for a non-tangible currency you can't even fold up and make a paper airplane out of, or eat, or even wipe your butt with.

View on HN

While I understand the argument that mining cryptocurrencies is a waste of energy, I don't understand why cryptocurrencies are any worse than keeping money in a bank. Do you keep all your money as cash? Am I missing something?

Money kept in the bank is guaranteed by your government to retain (some) value; it is backed by the economy of your country. Bitcoin is not backed by anything other than speculation on implied value

Reply on news.ycombinator.com