I’m not going to point you to Amy Castor and David Gerard’s roundup of the latest crypto news here amycastor.com, but I am going to pull out one nugget which is up there with the amount of energy used by Bitcoin:

Alex de Vries (Digiconomist) has a new report out on bitcoin’s water usage. Each transaction on the bitcoin blockchain uses 16,000 liters of water on average, about 6.2 million times more than a credit card swipe — and enough to fill a backyard swimming pool.

From Cell: cell.com

And yes, if you thought I was going to leave you hanging on the amount of electricity used by Bitcoin, why no, I actually dug for that data!

Currently (as of July 2023) the global electricity consumption for BTC mining in 2023 is expected to be above 135 TWh (Cambridge Centre for Alternative Finance, 2023). So, if BTC were a country, its energy consumption would have ranked it 27th in the world, ahead of a country like Pakistan with a population of over 230 million people.

From “The Environmental Footprint of Bitcoin Mining Across the Globe: Call for Urgent Action,” in Earth’s Future, an American Geophysical Union publication dated 24 October 2023.

And in the world of fucking wastes of resources, Bitcoin, memecoins, shitcoins, Bored Apes, etc., etc., etc., are the worst fucking wastes ever. Just My Personal Opinion, and it has nothing to do with the fact that I work for an evil too big to fail financial institution. It’s a goddamn Ponzi scheme.