Oh, does it? Does it accomplish all the speculation, all the drama going on? All the drug deals made with Bitcoin, all the kids that became rich out of nothing because they played with some obscure technology 10 years ago? I'm pretty sure you don't know everything Bitcoin accomplished (or maybe still does). Neither do I, nor anyone.
To be clear: if you ask my opinion on technical side of Bitcoin, I wouldn't be really praising it. But, as I said already, Bitcoin is not a technical thing. It is a very complicated sociocultural phenomena that definitely did achieve something. And you need to consider everything X is, to apply words such as "wasteful" to X.
Again, if this seems too abstract: if you are living in the USA, you are consuming twice more energy (per capita) than Japanese people, having lower life expectancy (both are far from the ends of the spectrum, BTW). So, the existence of USA citizens is wasteful.
Now, doesn't stripping down all the nuance of living different lives in different countries seem a bit outrageous to you? It surely does seem so to me.
To be clear: if you ask my opinion on technical side of Bitcoin, I wouldn't be really praising it. But, as I said already, Bitcoin is not a technical thing. It is a very complicated sociocultural phenomena that definitely did achieve something. And you need to consider everything X is, to apply words such as "wasteful" to X.
Again, if this seems too abstract: if you are living in the USA, you are consuming twice more energy (per capita) than Japanese people, having lower life expectancy (both are far from the ends of the spectrum, BTW). So, the existence of USA citizens is wasteful.
Now, doesn't stripping down all the nuance of living different lives in different countries seem a bit outrageous to you? It surely does seem so to me.