Ok, How many Fileserver/switches/routers/computers/printers/Airconitioners have to run in secure Server rooms to run the 1000s of Banks in the World? Do they calculate the energy used to run the Fiat Banking system?
Don't forget the war machine that is responsible for ensuring the continued value of USD. The US military uses far more power than bitcoin does. We're talking tens of millions of gallons of fuel burned
per day.
I just spent 20c on a single bitcoin transaction. An average US household spends about $130 a month on power.
This is actually a hilarious way of looking at it. They say a single bitcoin transaction could power a US household for a month. I just made a transaction which paid ~300 sats in fees, which is equal to 12 cents. So, if what they say is true, then energy companies must be charging every household in the US a mark up of 100,000% over the true cost of energy.
This makes what they say not an argument against bitcoin, but rather an argument against energy companies.
