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existential1 wrote

"The market works efficiently."

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[deleted] wrote

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existential1 wrote

I included an analysis of the first sentence in my previous statement. "Market efficiencies" include what is popular on "black markets". The creation of digital currencies is a perfect example of the market becoming "more efficient" in terms of a need to be served and someone creating a product to fill it. It was a meme post, but it was also correct if you're examining it strictly from a perspective of free market economics.

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moonlune wrote

Good environmentally friendly crypto alternatives are nano, To try it out, and see a white paper, see banano.cc

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arronfrancis wrote

Bitcoin's power consumption raises concerns about its environmental impact. Transitioning to more sustainable cryptocurrencies or improving energy efficiency is crucial to mitigate these issues.

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