Cryptocurrency - anybody in the space?

[j03]

My biggest hang-ups on crypto fall into two categories:

• Volatility (more speculators than folks who actually buy goods and services with crypto)
• Environmental impact, with BTC alone consuming as much power as a moderately sized country

I recently bought some because I was interested in buying something that isn't easily obtainable in my country. I was then sad to find out that many vendors don't even accept BTC and I'd have to jump through odd hoops to get my hands on some Monero. If the traceability of BTC has been called into question, it has me wondering what sets it apart from fiat currency?

I think the environmental impact will be less of a problem as renewable energy gets ever cheaper. Even still, I guess my ultimate question is what are y'all seeing that I'm not?

The energy stuff is considered "FUD" news by many. BTC is always being developed and improved. I remember it took half a day in 2018 during the all-time-high at that time for my transactions to get processed... Today, with 3x the value of BTC, my transactions are through within minutes. And it's just getting better.

Again, I really think the energy bit is all FUD (fear, uncertainty, doubt). And I'll let you imagine for yourself who's spreading that sort of news. Consider video games... They also use up a lot of energy.

Regarding your question, one plus is that you can't print BTC freely like you can with fiat cash. There's only a set amount that can become available (21M).