> I see proponents of Bitcoin always mention comparisons to the entirety of the finance industry, but I've yet to see numbers back that up? All we can see right now is that Bitcoin uses more power per transaction. Comparing it to the entirety of the finance industry is perhaps taking the physical presence of the industry in to account, but do people assume a crypto future would be completely digital? Would you have no need for finance buildings for in person consulting etc? Perhaps. But that's several leaps of faith. If Bitcoin somehow took over the entire financial industry, would it be more power efficient than it is today?

The irony with this argument is that Coinbase, Binance and other exchanges are all part of the "finance industry". The elusive "finance industry" will always consume more energy, by definition.

Non-State backed, Global, trustless, bearer instrument, censorship resistant store of value that can be transmitted over a communication channel.

If you don’t understand why this is valuable now, you don’t need such a thing. One day you might...

Not everyone dreams of ancap utopias.

Most economists don't believe in unregulated markets anymore. Somehow this message hasn't found its way downstream.

Everybody can understand crypto's role for illegal transactions and tax evasion. Not everyone sees a value there. And really, this is not down to Bitcoin in particular.