It being a waste is a matter of opinion. There are negative externalities in some cases, but profit and services generated by the use of crypto have value to people.
If the problem is the pollution produced by power generation, then it's disingenuous to single out crypto for criticism. We really should be enforcing accountability and forcing markets to price in the negative externalities. Carbon capture and other technologies are surfacing to allow for that, and within a decade or so we should see widespread implementation. Legislation will arise out of the consensus of voters and mate technology and regulation.
If the problem is that you think crypto is frivolous or implicitly a waste of resources?
If the problem is the pollution produced by power generation, then it's disingenuous to single out crypto for criticism. We really should be enforcing accountability and forcing markets to price in the negative externalities. Carbon capture and other technologies are surfacing to allow for that, and within a decade or so we should see widespread implementation. Legislation will arise out of the consensus of voters and mate technology and regulation.
If the problem is that you think crypto is frivolous or implicitly a waste of resources?
"Well, that's just, like, your opinion, man..."