Re:Ethereum will use around 99.95% less energy post merge
by mminer237 on Tuesday May 18, 2021 @11:34AM
(#27196062)
Costing money to produce doesn't make something inherently valuable. It would be expensive to sell iPhones crushed by previously-undriven Lamborghinis, but the product would still be worthless. Neither NANO nor Bitcoin have any inherent value. It's entirely derived from other people willing to pay for it. If people want to use a cryptocurrency, using something that doesn't require 15 GW to power could quite rationally be more valued more highly.
It costs very little to transfer something of little value.