I believe that most of money consumed by the financial system actually goes back into the economy. Some bankers buy sushis, then sushi chefs buy gasoline, then oil drillers... and so on.
BitCoin tends to waste energy irrecoverably.
Apples-to-apples comparison is a challenging task, but the modern financial system hardly has that feature of burning more for the sake of burning more.
BitCoin tends to waste energy irrecoverably.
Apples-to-apples comparison is a challenging task, but the modern financial system hardly has that feature of burning more for the sake of burning more.