Funny how there was no "environment" argument in the whole message but someone came alone an made sure to devaluate it anyway.
The argument was that PoW can not not scale. Its an obvious objectively verifiable fact and its completely irrelevant what kind of environmental side effects bitoin has or will have in the future.
For all we know it could run on fusion reactors and biodegradable ASICS only and it still would not scale.
I don’t understand the recent preference for taking assertions and declaring them “obviously objectively verifiable fact”.... but that is a good indicator they are false.
Bitcoin can and has scaled. And that is a fact, from Segwit and Taproot to Lightning the capacity and cost have improved dramatically.
Last time I checked block time was 10 min just like 10 years ago. (obviously objectively verifiable fact)
Last time I checked max TPS was like 7 or something so it has like what doubled in the last years? (obviously objectively verifiable fact)
LN is forever beta (obviously objectively verifiable fact) and does not even address bitcoins scalability problem. It just off loads Tx to reduce on-chain Tx. (obviously objectively verifiable fact) That does not make bitcoin any better. (obviously objectively verifiable fact) Just like Wrapped Bitcoin does not make bitcoin any better but it did reduce load on the chain so thanks to WBTC the chain inst as much fu**ed as in 2017 yet. (obviously objectively verifiable fact)
Compared to FBA solutions with block times in the single digit seconds and TPS way over 1000 These improvements are as irrelevant as its gets. There is no proposed way to make bitcoin scale to any level that would make it useful on a global scale. And the fun part is, even a proposal that could do this would not go trough. It would just lead to another fork.
The argument was that PoW can not not scale. Its an obvious objectively verifiable fact and its completely irrelevant what kind of environmental side effects bitoin has or will have in the future. For all we know it could run on fusion reactors and biodegradable ASICS only and it still would not scale.