[fredfoobar]

No, that wasn't my gripe. Bitcoin is a decentralized technological solution that almost completely replaces the banking system, I'd prefer that over the current Banking system, and bitcoin is global to boot.

Transaction per day -> it can do as many as you want. I run a lightning node and I've shown a lot of people how quick and cheap the transactions can be, and also how EASY it is to get setup to transact in bitcoin over lightning.

[xur17]

This. Every single article and discussion about this "problem" always uses base chain transactions as the divisor for the energy cost per transaction. The average Bitcoin transaction [0] is ~$500k right now. The protocol made a conscious decision to make layer 1 a settlement layer, and secondary layers as transaction layers. I personally make an order of magnitude more transactions on layer 2 than I do on layer 1. The company I work for fits into the same boat, and the vast vast majority of funds we receive are on a layer 2.

[0] https://blockchair.com/bitcoin/charts/average-transaction-am...