> banking system is idiotically expensive using much more raw energy
It uses much more raw energy because it services the financial needs of most of the planet. Bitcoin dubiously services the needs of a handful. This is so obvious that I suspect you're not arguing in good faith.
Yeah, way to miss the point. Bitcoin is money where security is expressed in terms of energy. Banking system uses energy and military to achieve the same job. Do i really need to elaborate further?
No goalposts have moved. Banking system involves politics and military in securing your finances. It is therefore many orders of magnitude more expensive than bitcoin even if you normalize by market cap of transaction volume or pick your own metric.
Politics and the military are the foundation of all society. Those things won't go away because of cryptocurrency, so repeatedly bringing them up doesn't help your point at all.
> just an artifact of infancy of our civilization.
Just an artifact of all of human history.
>those things will become irrelevant to financial system based on bitcoin
I don't think there is any point in further discussion; we are simply living in two different realities. The military and the military industrial complex are not going anywhere, certainly not because of cryptocurrency, the notion is laughably absurd.
> Banking system involves politics and military in securing your finances
I'm not a fan of the current implementation of cryptocurrencies but you have a point here. Plenty of wars and armed takeovers have been driven by the prospect of accessing financial systems and therefore plenty of resources are spent to prevent that from happening.
only for somebody not willing to think about how much damage corrupt (and not corrupt too) politicians and military have inflicted upon this world during short history of human civilization. financial and environmental.
if there's a chance to exclude them from the equation on security of financial system - it's a no brainer.
It uses much more raw energy because it services the financial needs of most of the planet. Bitcoin dubiously services the needs of a handful. This is so obvious that I suspect you're not arguing in good faith.