May 25, 2021
This is just blatantly wrong. You're twisting the data to say what you want it to say.
How can you ever compare the entirety of the gold industry ($11 trillion), the entire banking industry ($9 trillion) to bitcoin's puny $700 billion market cap.
A far better metric would be energy cost per transaction, as this much better reflects its core inefficiencies.
Nice work guys... Bitcoin uses 118kWh per transaction whereas Mastercard uses 0.00649kWh
