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The air conditioning footprint of bank branches alone is going to be several magnitudes greater in terms of energy consumption than bitcoin mining, add in commuting hours for every bank employee and it isn't even a contest, people just parrot whatever news source they like without thinking, even people on HN, it is really very sad.



Banks serve function far beyond mere transfer and holding of currency. Last I checked, the blockchain infrastructure doesn't e.g., issue mortgages.




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