On: Bitcoin is not a Battery – it is a Sink

[imtringued]

I can't comprehend your comment. You can just create a centralized system that does the same thing as Bitcoin and consume less power. It is that simple. Blockchains don't provide utility beyond executing arbitrary code in a trustless manner. We already know how to execute arbitrary code in a trusted manner so the only substantial difference is the degree of trust which in the vast majority of cases simply doesn't matter.

[inersha → imtringued]

> You can just create a centralized system that does the same thing as Bitcoin and consume less power. It is that simple.

You wouldn't be allowed to do this unfortunately.