[vanusa]

Even if we accept their estimates -- and of course, given that this coming from a mining company, we wouldn't have the slightest reason not to! --

It is straight up dishonest to attempt to draw a comparison based solely on total network footprint. As the authors of the "whitepaper" are fully aware, what everyone is concerned with is the alarmingly high BTC footprint per transaction. In addition to who exactly benefits from all this insane footprint generation, at the end of the day.

[randomhodler84]

Why is it? It is dishonest to compare per tx anything, also. There is a certain amount of energy used per block, so that blocks are emitted every 10 mins in a way that cannot be faked (proof of work). This trustless time stamp system allows us to arrange transactions so that chronology is respected without a trusted third party. This is technological and economic break through. It is more valuable than you realize. The energy that goes in protects ALL blocks that came before it, and thus all transactions. The security of history of transactions is increasing over time with more energy! Proof of work is good, honest and very difficult to fake. It requires no trust when only trusted models worked before — priceless

[cyanydeez]

also, botcoin has yet to facilitate anything of social value.