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Could you elaborate on the potential "water problem" surrounding Bitcoin? I've heard rumors about its environmental impact, but what are the specific concerns? Is it the energy consumption during mining? The carbon footprint associated with the network? Or is it something else entirely? Given the global focus on sustainability, how does Bitcoin's water usage compare to other financial systems? What steps, if any, are being taken to reduce this impact? I'd like to gain a deeper understanding of the complexities involved.
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