We can handle transactions with quite little energy using traditional means. It’s not pseudonymous or decentralized and it’s not extremely efficient. But compared to Bitcoin it’s a wonder of efficiency.
I wouldn’t take anything off the table when it comes to banning energy use. But rendering in particular seems like a strange choice.
Incandescent bulbs were banned because there was a good alternative. PoW cryptocurrency is the incandescent bulb.
The thing about Bitcoin is that it’s mature tech now. Whatever promises it has should be materialized now. If it’s to be a currency rather than a store of value and instrument of speculation - it ought to show already. But it doesn’t. It hasn’t materialized. And we shouldn’t be sinking resources into something that is perpetually a few years from being a currency.
How do you think I donate to the anti-Putin opposition every month?!