No one but seniors with years and years of experience is producing like that. As evidenced how much the juniors i work with struggle to do the same

We’ve already seen the negative side of fiat currencies in how they eventually collapse (Zimbabwe, Venezuela, Argentina) and even in more developed countries wages have not kept up with inflation. Money is trending to zero People are trending to destitution.

We saw it recently in the UK - where public sector workers were not given pay rises because the government argued it would fuel inflation. So how does that even make sense.

The same goes for technology. We all know next year’s iPhone will be better than this year but we still buy them…because we need them now.

I’d argue inflation’s incentives are worse - the constant need to invest/spend so that your money doesn’t lose value. It means money flows into anything and everything like zombie companies, over consumption, property. Those on the poorest end are just trapped because as soon as they get any money it starts depreciating.

Also I’m ordering Deliveroo specifically so I can get the time back, that’s the price you’re really paying - I had a long day at work and I want the time to relax and not spend it sourcing and making dinner.

I think it’s worth noting that bitcoin uses a fraction of the energy required to mine gold for example.

It’s also a driving force in renewables, by stabilising energy grids (mining can use the spare capacity during quiet periods and switch off during peak hours).

So I don’t think it’s as black and white as “bitcoin uses energy = bad”