Probably because you posted a wall of text. Short and sweet comments are best, write a blog and link to it if you have lots to add :)

Wall of text with no catchy/eye-grabbing words section. Your idea is right.

What is our problem? The problem is creating/producing co2 is a problem for our planet. Can we agree on this?

If we agree on the co2 production problem, lets take a look at what bitcoin is doing:

It converts a lot of energy/resources of our planet into co2. It does that by the asic's someone has to create, and by far the direct energy consumption. What does bitcoin produce? It produces transaction security right?

1. That value bitcoin is creating, is basically necessary to allow bitcoin to function. Without energy consumption, no transaction. Right now, we have a system which is able to create secure transactions, its called our current financial system. Our financial system is optimized for cost, speed and trust. Trust by regulations on different levels (state, world etc.). We have a global financial system.

That financial system is not perfect but bitcoin is also not perfect right? Okay so what is the advantage of bitcoin? People say its open, i can invest in bitcoins without regulations and i can send money to people like who are in a regime (in theory). Is that true? Is Bitcoin making sure that if your country decides to stop money transactions to North Korea for good reasons, that bitcoins stop working there? No it doesn't. All those mechanism, which are there to protect the normal people more than the tax fraud people are gone in the bitcoin system.

Therefore, the big advantge Bitcoin actually delivers (unregulated financial system) will be regulated as hard as our current system as soon as it hits a relevant size. And its not even hard as long as Bitcoin doesn't have any value. It doesn't has any real value as it is not a currency, its only a crypto currency. It doesn't has a country behind it. That it works as it works right now is just due to speculations/gambling.

We have to make sure that investing in batteries, other storage options, dump load with usefullness (pre heating water, using an EV, producing hydrogen, smelting more metals on high demand time, enabling technology to flip on and off devices like washing machines) is actually more reasonable INSTEAD of having to fight the Bitcoin gambling market.

Googles Datacenter are using 10times LESS energy than bitcoin https://www.visualcapitalist.com/visualizing-the-power-consu... and every single server/service on a Google Datacenter adds more value to our society than any bitcoin transaction ever will.

All of our datacenters are only using 80twh more energy than bitcion and all those datacenters give us as a society values like entertainment, banking, building, simulating stuff, doing research like cancer research etc. etc.

BITCOIN is the worst invention in our society so far as it is the only invention i'm aware of which has such a high impact on resource consumption with no real value to our planet :(

I know you don’t believe it has any value; my belief is it is the most valuable thing on earth, more valuable than gold, platinum and love. I believe this as passionately as you are choosing to ignore it.

Your wall of text has many misconceptions and misunderstandings about how things actually work. I implore you to let your partially formed ideas go and read some more about what is really going on here.

Why do you think it is popular if it had no real value. Why is it the biggest meme of our lifetimes? Why will it be our money for the next 500 years?

I think its currently popular because its new and highly volatile and unregulated.

Our society is quite busy with corona and while bitcoin uses a lot of energy already, the market size is still very small. Core reasons why i think we don't hear more about regulating bitcoins.

Popularity doesn't correlate to real value.

The market cap of Bitcoin is currently larger than Facebook [1]. The total market cap of all cryptocurrencies is over $2 trillion, which is larger than Microsoft, Amazon, Google or silver, and nearing the market cap of Apple. I would not consider that a small market.

It is not unregulated. There have been several lawsuits brought on to the space already [2][3]. Exchanges that don't enforce AML/KYC have charges brought against them [4]. It is less regulated than the stock market, but it is by no means the wild west, at least in the US.

1: https://companiesmarketcap.com/assets-by-market-cap

2: https://www.sec.gov/news/press-release/2020-262

3: https://www.sec.gov/news/press-release/2020-338

4: https://news.bloomberglaw.com/bloomberg-law-analysis/analysi...

I reference bitcoin against 'normal' markets like Gold, shares or normal currency.

But its true its value quadrupled in the last 6 month.

I do hope though that the pressure on Bitcoin increases based on co2 consumption alone.

But also all governments and law things are slow. Like if start a lawsuit today, something like this can take years right?