If the world is to flee into a digital asset, Bitcoin just isn’t going to cut it. Bitcoin is difficult to transact. It’s difficult to trade without a third party taking custody. Mining is energy intensive and physical centralized. It hardly suffices for that role at this time.

This perspective is always a foreign concept to me. Bitcoin provides an always on pricing reference. This function to a network of value is = to the timing function provide by an atomic clock to a data network

The lack of features is true of course, but that itself is a feature not a bug

@backpack put a bank in your pocket and use your money whenever, wherever, however without permission

/backpack
/notdevin
icebreaker.xyz/notdevin

What i'm saying is, let the value go there, that's fine, give the value a reason to come out and it will. It's shy, especially after it gets whipped. 

The mining part and energy is also a red herring, all money takes a fuck ton of energy, regardless of whether it's abstracted behind a false energy balance like PoS

I'm not a maxi of any type, just a defender of utility

We need more energy not less, so I'm firmly in the camp of not focusing on less but using more, but in more advanced ways. The energy consumption of BTC is significantly lower than that of the financial institution. 

Meaning $1m in value created by banking is significantly higher than energy to create $1m in btc value