Exactly 14 years ago , Satoshi Nakamoto designed the most pathetic / inefficient system ever invented by humankind : the blockchain.
Today, it weights 60 000 tons, wastes constantly 10 gigawatts .. to process less than 7 transactions per second :
Less than a 33 bps modem from 1990.
This could be joke if it didn't have such gigantic environmental impact, wasn't enabling billion dolllars ransomware industry and was not crushing thousands of lives in the process.
@FranckLeroy I think you might be confusing Bitcoin with blockchain technology, which are not interchangeable terms. But even if we allow that a completely decentralized currency will be inefficent in its power use, you would need to show that it is more inefficient or otherwise causes more harm than centralized currencies (which are rife with tomfoolery to say the least).
