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The Energy Cost of Bitcoin Mining
Pierre O'Mara: "I think Bitcoin clobbers it. But I don't know what that number is" He says the energy expense of Wall Street, central bankers on a global scale would be far greater if they were all working in one system. Inflation extracting wealth from rural communities to benefit coastal elites like lawyers and bankers isn't good for anyone, he says. 'We're paying blue collar workers in middle America to maintain our ledger,'O'Mara adds.