[Sebb767]

And mining Bitcoin requires chip makers (including rare earth materials), the tech industry and the whole internet. If you include side channels in visa, you'll need to do the same for Bitcoin.

Yes, Bitcoin has advantages, but low energy consumption is not one of them.

[mszcz]

I never said it's energy usage is low. I said (more or less) that for what it is it's energy usage is low.

[simiones]

Bitcoin, at best, does what SWIFT does for the financial system. Comparing it with the entire global financial system is laughable.

For what it is, it consumes ENORMOUS amounts of energy.