You are confusing Bitcoin with crypto. Ethereum uses drastically less energy after it transitioned to proof of stake. Many other cryptocurrencies are similar.

You are confusing Bitcoin with crypto. Ethereum uses drastically less energy after it transitioned to proof of stake. Many other cryptocurrencies are similar. https://digiconomist.net/ethereum-energy-consumption https://digiconomist.net/ethereum-energy-consumption Nor do I agree with your assessment of banning Bitcoin because its power usage doesn’t match what we would like. I assume we all somewhat believe in the free market and the free market is solving this problem. Bitcoin price appreciation has been anemic at best and is only about 2% over the SP500 (+54%) in the past five years. Ethereum is quite a different story. +177%. Innovation is working. How much power and materials are wasted when Apple releases incremental changes with a new number each year to resell the same thing to materialistic buyers annually? Should they ban themselves for the greater good of the planet? I’d say so. https://www.zdnet.com/google-amp/article/apples-colossal-e-waste-timebomb/ https://www.zdnet.com/google-amp/article/apples-colossal-e-w... >Assuming the ecosystem was made up entirely of iPhones, an iPhone, on average, weighs 150g and are 130mm long. This means that you're looking at a pile of iPhones weighing 250,000 metric tons (the Empire State Building weighs in at roughly 330,000 metric tons), and if laid end-to-end would circle the Earth more than five times. And that’s just the e-waste. How much energy went into making them, how many dollars were wasted paying salaries and gas etc.?