[IMTDb]

> Detractors cite electricity usage, but overall it uses much less electricity than the traditional banking system

The traditional banking handles thousands of transfer per seconds, and many many many more assets and assets types than bitcoin. All things that bitcoin is not able - nor designed to - handle.

It's like saying that F1 engine are consuming less gas than trucks. It's only valid if you only look at it from a very specific angle. Sure, in total trucks are consuming more than F1, but both in consumption per km and in versatility, trucks win. F1 engines are not ready - nor designed to - be a suitable replacement for trucks engines.

Bitcoin and cryptos consume order of magnitude more electricity than the traditional banking system if you put them in equal terms. It's only logical since one is supposed to work in zero-trust environments while the other doesn't.