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I 
understand your frustration with the hype, but I think calling it "inefficient" is a bit too harsh. Bitcoin expends external resources in place of internal people/processes. Can you share any insights into how you are measuring the "abuse" of these resources?
I mean specifically people using servers at offices/university to mine BTC, spinning up AWS instances with stolen credentials to mine BTC, students using "free" power in college dorms to mine BTC, etc. Make any power/compute available & it will be abused immediately, for a few $
But talking about the inefficiency of Bitcoin independently of abuse: sure it is crazy inefficient. It consumes more energy than the entire banking industry (0.5% of the world's electricity or so) while serving ~0% of the market. And while being more centralized than banking
I wonder how this comparison would play out between Bitcoin and gold. One would need to estimate how much energy it costs to extract, transport and secure all the gold in the world.
This is noticeable as well as more preferable and more profitable than alternative abuses of ill-secured resources.
wait what? AWS offers ASIC mining now?
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