[reader_mode]

I think Bitcoin (and crypto in general) has prooven to be disruptive in many areas (in a negative way) and has yet to deliver any tangible positives that would outweight the negatives.

It's basically becoming a unregulated comodity that big money institutions get to gamble with because there is just nowhere to put the money on the market right now. If bitcoin and crypto (ETH, etc.) was just a money dumping speculation comodities I wouldn't even bother thinking about it - but it's causing realworld problems (eg. hardware disruptions) and it's going to get worse and worse.

So I'm in favor of preventing institutional investors in crypto in some form, but unfortunately it's not going to happen - too many individual interests behind it at this point and nobody gives a fuck about the overall stability.

[ClumsyPilot]

"because there is just nowhere to put the money on the market right now"

For civilisation to survive we need renewables, electric cars/trucks/busses, nuckear power olants, grid scale storage and fusion power or hydrogen.

There are only two scenarion -there things are built and our society rewards them - or in the alternative money in your bank ceases to exist, along with moth of economy

[DennisP]

ETH is on track to eliminate its hardware disruptions and energy consumption in less than a year.