IMHO Bitcoiners should seriously engage with the Bitcoin's energy inefficiency. Most of the arguments I've seen are simply farcical since other blockchains allow for the same privacy/decentralization (or more) without it. Proof of work= shit. But they are invested in bitcoin https://twitter.com/woke8yearold/status/1363606125829103623 #Bitcoin #Blockchain
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@woke8yearold bitcoin is not energy inefficient; bitcoin would run fine on a dozen pentiums spread around the world because the difficulty adapts to available processing power; economics drives processing power based on fees users are willing to pay. Changing the algorithm won't change the economics, although proof of stake does allow the cost to come from the least-valuable-alternative rather than electricity specifically.
