[valw]

> the annual worldwide energy usage of blockchain technology is roughly equal to the annual US energy waste from machines plugged in while in standby mode. It is also significantly lower than the annual worldwide usage of Christmas lights, and wash dryers.

... and it benefits much, much fewer people.

That's analogous to the pro-air-travel disinformation argument: "air travel is only 2% of CO2 emissions". It is only so because air travel is only adopted by a small minority of people: that doesn't stop it from being insanely carbon-intensive.