RE: Bitcoin Has Proven To Be 300 Times Cheaper Than A Wire Transfer, Bank Takes 83% Profit

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Bitcoin Has Proven To Be 300 Times Cheaper Than A Wire Transfer, Bank Takes 83% Profit

in bitcoin •  6 years ago 

You're forgetting about the large carbon footprint BTC generates per transaction though.

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6 years ago by

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      ·  6 years ago 

    I don't think many people think of this regarding cryptos.

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        ·  6 years ago 

      Bitcoin transfers electricity into value, and costs significantly less than the existing financial system. The problem is with how electricity is generated, not the electricity cost of Bitcoin.

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          ·  6 years ago 

        any banks daily electricity consumption is more than btc transaction

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