Bitcoin consumes 4,000,000,000 W of power to process four transactions per second. A single Raspberry Pi with a database can do an order of magnitude more on 5W. Think about that next time you wonder if it's a good design.
Solar was never a billion times costlier than coal (or, if it was at some point, nobody was even considering it then). Why do people keep making these ridiculous comparisons? I've yet to see a single analogy that comes remotely close to the inefficiency+popularity of Bitcoin.
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Okay. You won me over. Now what.
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Now we wait for someone to design an altcoin that works, and for that design to be proven.
End of conversation
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