I was shocked the other day on the Ethereum PoS announcement by the energy consumption per transaction metrics. It threw the whole crypto market into a new light for me. BTC is using over a megawatt hour PER transaction! That's almost 5000 miles in a Tesla model 3. BTC is using about 2/3 of the power of every data center on the planet! Many, many people have been imprisoned or executed for creating less societal harm and externality than Bitcoin. Satoshi Nakamoto may end up being the most destructive person to have ever lived.
People are free to gamble, but could they please not turn the surface of the Earth into a black body radiator while they're at it?
People are free to gamble, but could they please not turn the surface of the Earth into a black body radiator while they're at it?