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Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure (www.dlnews.com)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] -2 points 1 week ago (2 children)

that's like saying that as long as the world has at least one electric car the internal combustion engine can continue to exist without issue.

No. PoS (EV makers) are not supporting the existence of PoW (ICE vehicles). In fact, one builder made a deliberate planned move from PoW to PoS. All new builders are PoS.

the vast majority of cryptocurrencies are still power hungry

False. Remove Bitcoin (>100TWh) and the only PoW coin in the top 10 is DOGE (~4TWh).

[–] [email protected] 1 points 1 week ago (1 children)

Oh great so if you remove bitcoin your argument works, trouble is, bitcoin exists

[–] [email protected] 0 points 1 week ago

The only way to remove bitcoin is through redundancy.

Support it's successor technologies that improve on the design in every single dimension (including energy efficiency).