[jcranmer]

> but for sure you have to take in account the amount of buildings, air-conditioning, commuters, datacenters, branches, ATMs, bad written code, exchanges.

You also have to do the same thing for Bitcoin if you want the comparison to remain fair. Bitcoin doesn't magically replace the entire financial industry, so you don't want to accidentally include the costs of the things it doesn't replace (such as the bank manager who's deciding whether or not to authorize a mortgage).

[pelasaco]

you are right, but this reduction like "bitcoin is useless because it uses more energy than $COUNTRY/$CITY" is IMO just click bait.

[35fbe7d3d5b9]

https://cbeci.org/cbeci/comparisons/

BTC uses more annual energy than the Netherlands. What did it accomplish when compared to the economic output of the Netherlands?