But really, I'm interested in these arguments, please let me know where I can learn more. Especially regarding the idea that it uses less energy than the current banking system.
> Especially regarding the idea that it uses less energy than the current banking system.
I guess this one is pretty clear, OP was only comparing to gold/silver (I have no idea how it compares in practice).
To be comparable to banking, bitcoin should probably first reach the level where it can provide the same functionality (payment, fractional banking, etc.). (And then prorated as even if it were to provide the functionality, it would have to scale by several orders of magnitude to replace banking)
That's a completely ridiculous answer and makes it clear you have no idea what you're talking about. 1) Gold has nothing to do with banking transactions, I've lived my whole life without ever touching a spec of gold. 2) Is about the energy consumption of bank branches. My bank doesn't even have branches. You're comparing apples to... tires or something.
And you are willing and able to tot up those statistics for the people who make Bitcoin miners and other machines running nodes? And the buildings that house those, etc.? As long as you are not, it's still an improper comparison.
I guess this one is pretty clear, OP was only comparing to gold/silver (I have no idea how it compares in practice).
To be comparable to banking, bitcoin should probably first reach the level where it can provide the same functionality (payment, fractional banking, etc.). (And then prorated as even if it were to provide the functionality, it would have to scale by several orders of magnitude to replace banking)