| The problem with the "Olympic Pool" scale of measures is that it has no real meaning to most people. Yes the Netherlands is "mid table" in a list of countries, but absent a good knowledge of statistics, population distribution, and geographic energy consumption, especially with relation to the Netherlands, it's a meaningless measure. Since I had none of the above, I went to look it up. And frankly I have no idea if you actually compared Bitcoin to the Netherlands (in terms of energy consumption) or just randomly picked a country. Let me be general. I have no idea about the Netherlands. I have no idea if you know anything about the Netherlands. That's the root of my concern with your comparison. It "sounds" like a useful comparison- but is it? Now, had you said that Bitcoin consumes about 0.5% of global energy, and that there are just under 200 countries (meaning on average 0.5% each) then that's a measure I can absorb. I might then point out that the US consumes 25% of the world energy supply, despite having 5% of global population, so the 0.5% of bitcoin consumption is really not moving the needle. |
That’s on you.