[Dylan16807]

> the idea that crypto is the primary existential threat

The problem is the ratio of entertainment:cost is extremely bad for PoW blockchain art, and the cost is substantial and growing. It doesn't matter at all that it's not the "primary" threat, and you should realize that's a strawman.

Looking at that ratio also explains why it's not hypocritical, or at least it's only slightly hypocritical and still a valid and important criticism of a waste.

[tromp]

The energy cost is born for two purposes, neither of which is entertainment:

1) reach consensus on tx history (without being hampered by notions of weak subjectivity like PoS is)

2) provide a somewhat fair distribution mechanism for new coins (something PoS fails at completely)