[austenallred]

Consider that the alternative is all of the banking infrastructure that exists.

The energy that banks and their employees consume is orders of magnitude less efficient.

[pjc50]

Bitcoin does not replace more than a small corner of banking. It doesn't even include any loans.

[lawless123]

lol not sure lending would work if the currency is always increasing in value, why lend money when it will be worth more if you keep it?

[pjc50]

Sure, but that implies that all business and real estate transactions are going to remain using normal non-deflating money.

[arve0]

I would like to see any numbers on that claim. For example expenses / turnover or profit.

Edit: or cost per transaction.

[Nursie]

For the volume of transactions they handle, it's really not.

[nodamage]

This seems like an absurd false equivalence given that the banking infrastructure provides a much larger scope of services than Bitcoin offers.