Any one care to put forth a kwh per transaction guess and try to equate it to the most efficient of the block chain tech?
Also give a guess of its security and efficiency best case vs the best mix of block chain security-efficiency even for the narrrower range of functionality a crypto currency addresses vs the full internet replacement of SAFE.
For this to be a win I think safe needs to exceed the security of any block chain while exceeding the efficiency of any blockchain tech- maybe even in theory. Otherwise what we get is a non disqualifying element even though SAFE is so much more.
Today I heard the whole valuation of etherium comes down to the whim of Vitalek. Sound safe that a single human is the point of failure- the economist (not fully identified) said that is absolutely not the case for BTC. No but BTC is apparently the love child of the DOD and Citibank so it seems certain in some sense its value proposition has been set by the lords of finance in the major state global monetary union.
Funny thing about proof of work even in its wastefullness is that in an augmented reality way it is tearing stuff up, creating heat and acting tangible and that goes a long way toward the convention of being able to suspend belief and treat it as real. Where some of these others
are like the feeling you get when a camera is pointed at you and you can’t be sure its off, you don’t know what is going on under the hood. This plays much better with our nonsense sensibility that if you don’t work you don’t eat. It makes noise acts like its creating scarcity of a compromise or pain which inturn cause people to at least unconsciously think its not just a computer doing wishful garbage in and wishful garbage out.