“If it did grow to consume significant energy, I think it would still be less wasteful than the labour and resource intensive conventional banking activity it would replace,” Satoshi wrote. “The cost would be an order of magnitude less than the billions in banking fees that pay for all those brick-and-mortar buildings, skyscrapers, and junk mail credit card offers.”
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- Source: https://www.coindesk.com/tech/2024/02/23/satoshi-anticipated-bitcoin-energy-debate-in-email-thread-with-early-collaborators/?utm_medium=referral&utm_source=rss&utm_campaign=headlines