> It's burning a massive amount of resources and that is just increasing Do you own a car? Have you ever used plastic? How much resources are burned by banks?

> It's burning a massive amount of resources and that is just increasing Do you own a car? Have you ever used plastic? How much resources are burned by banks? > I don't have the stats but I imagine the exponential growth in Bitcoin/coin prices is mainly from people using it as a pyramid scheme/casino not simple an upticl in usage Yea lets also ban computers because they allow cryptocurrencies. > A transaction is still pretty trackable (we know where the mt gox money is, yeah?) Ever heard about Zcash or Monero > Over 60% of bitcoin mining takes place in one country on specialized hardware, not terribly decentralized anymore Yes the tech is not perfect but tons of research (Proof of Stake etc) is happening to make it perfect.