When you say efficient technology you're not talking about BTC right???
You didn't understand what I wrote? I talked about magnetic tape and paper records, not Bitcoin. And the topic is central bank mining... I'm saying if we want efficient tech adopters, banks won't be that.
The average energy consumption for one single Bitcoin transaction in 2020 was 741 kilowatt-hours.
That's pure insanity to me... People need to stop turning a blind eye to what we are doing here, this isn't efficient, it's insane!
People need to stop looking at this blindly, ignoring cost-benefit. That is insane, I agree, to accept banks are doing what they're doing and we can't get better.