Bitcoin solves the Byzantine fault problem, among other technical feats and for some reason computer scientists are focused on the networks energy usage (which is less than xmas lights in the US or your laundry dryer). how much energy does the internet use?
energy is energy. using it is not bad, it’s how society progresses.
It’s not even worth trying with these climate people. They are a cult who can’t see facts that don’t support their arguments.
Bitcoin uses electricity, yes. But it is far more efficient than the global banking system. People forget that buildings cost, infrastructure to those building cost, the people needed to run banks cost, and yes the masses amount of computing the banking industry cost. The energy used just by the cars on the employees to the banking system probably dwarfs the total energy use of Bitcoin. (Car production plus electricity or gas)
The issue with Bitcoin is it is easy to reason about its energy usage, while the “banking systems” is so nebulous it’s hard to think about the total resources it needs to exist and run. Ans the climate folks have hyper focus or perhaps tiny brains that can’t handle much more than a child’s approach to reasoning.
energy is energy. using it is not bad, it’s how society progresses.