It's not a matter of opinion. Crypto provides incredibly little value to the average person vs. its energy usage. It takes an entire tank of gasoline to make a single Bitcoin transaction, don't insult me by telling me it's a matter of opinion that that's a waste.
And Proof of Waste is about more than it's impact on the environment through it's egregious energy use. Even in places that use clean energy, Bitcoin mining is putting a strain on the grid. (I suspect mining had something to do with Texas' grid problems last winter.) Even if you're harnessing off grid energy, you're a leech sucking value out of the economy by being a major contributor to the chip/GPU shortage.
And for what? All to contribute to a system that has greater wealth inequality than the existing financial system. Brilliant stuff.
And Proof of Waste is about more than it's impact on the environment through it's egregious energy use. Even in places that use clean energy, Bitcoin mining is putting a strain on the grid. (I suspect mining had something to do with Texas' grid problems last winter.) Even if you're harnessing off grid energy, you're a leech sucking value out of the economy by being a major contributor to the chip/GPU shortage.
And for what? All to contribute to a system that has greater wealth inequality than the existing financial system. Brilliant stuff.