Your argument is like claiming that a private jet is more economical than a 747 jumbo jet, because it burns less fuel. Energy consumption per transaction is what really matters, and Bitcoin really sucks there.
Good point. They are used by extremely powerful people. We better ban Bitcoin before it’s users and environmental impact are similarly socially entrenched!
HN is particularly rabid about banning cars for some reason. I got absolutely mobbed by cyclists the other day when I said that there are legitimate reasons to use a car in a city, with someone even going as far as claiming my car is too big. When I pointed out that the cars he suggested as smaller alternatives were actually bigger than what I drive...nothing.
The anti-car movement is truly insufferable, because, at least online, it seems it's mostly spearheaded by people from Europe who have never seen how spread-out America is. I'm not about to bike 30 miles each way to work every day, rain or shine, and yet I get looked at as the villain for suggesting people stop going outside when the weather sucks.