Same old tired argument. The proof of work employed in mostly Bitcoin by now (most cryptos use proof of stake which has drastically lower energy consumption). L

Same old tired argument. The proof of work employed in mostly Bitcoin by now (most cryptos use proof of stake which has drastically lower energy consumption). Let's compare it to: 1- How much it takes to run the banking industry, even a JPM Chase would do. 2- Bot accounts on Instagram or Tiktok. 3- Gas flared on oil rigs. Nobody slams the above three for "wasting" energy because they are closed systems that cannot be measured. Crypto is mostly an open system so it's easy to just point to a number with a headline "bitcoin used more energy than x country"