Bitcoin network takes a lot of electric power, but these numbers are 20 times less than the whole banking system consumes.
Look at the data. A bitcoin transaction takes 20000 times more electricity than a transaction with a visa card. What do you think will happen if all transactions switch to Bitcoin? That is simply not physically possible - and that is one of the reasons why Bitcoin for sure will fail spectacularly. The only reason price now is high is because of the "greater fool theory". There are still many people out there who are dumb enough to believe price will go up for ever ("to the moon"). Once reality kicks in - and it always does eventually - there is nothing left. GTHO
