i should be smarter than to argue with bitcoin maximalists about the energy intensity of bitcoin, but seriously, technologists, the industry has a problem with energy usage *even at this scale*. if it 'actually' scaled to replace everything it would be catastrophic.
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as a cleantech entrepreneur do you see any way out of this mess that isn't mass-scale geoengineering, likely state-directed (e.g. Chinese style state capitalism)? because it really seems really unlikely that market capitalism can solve for a coordination problem of this size.
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i mean, yeah we can do it technically, but the answers to do it in time may require a lot of political will (big electricity superhigh lots of storage and/or nuclear)
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Bitcoin's energy usage does not scale with the transaction count.—A fact, which the specific paper you cite fails to account for. Could I perhaps interest you in glancing at this section of an FAQ a few friends have put together:https://netpositive.money/faq/#willbitcoinboiltheoceans …
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