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@brinnbelyea@fosstodon.org No that's not the argument.
Bitcoin provides value that is greater than the value of the energy that people are trading to get it.
That bitcoin can run on less electricity isn't some sort of excuse but rather it is highlighting how valuable bitcoin is to the people that put skin in the game and trade energy for Bitcoin.
YOU or I might not personally think bitcoin is that valuable, and that's fine, but other people do think it's that valuable, so they do trade for it.
