this post was submitted on 09 Feb 2024
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Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption (www.tomshardware.com)
submitted 9 months ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 9 months ago

The big difference is that crypto is "decentralized". Traditional currency is, to some extent, controlled by a central bank. The CB seeks to ensure price stability.

Digital cash schemes are much older than bitcoin/crypto. It's not "crypto" just because it's digital money.