[ohgodplsno]

The whole financial system actually has some usefulness: you can pay for things with it. Anywhere in the world. Without paying $30 in fees, without waiting for 3 days to clear. It's also not likely to run on 60% coal.

Since bitcoin zealots have moved to pretending that it's a "store of value", you can compare Bitcoin to the energy used to secure the gold in the world. Hint: it's much more worse.

[skohan]

Not only that, but if you look at the energy usage per transaction, bitcoin is probably many orders of magnitude more expensive than the financial system