You can't just call use-cases you don't like a "fallacy". Like I said, the tech is still early, but there are decentralized exchanges where you don't need an ID to use them.
> People don’t think about the environmental consequences because most people don’t think about that anyways.
They don't think about that because:
A. They're not the cause of the environmental damage (check with the military and large industry there).
B. They're concerned about paying rent, buying food...
Money is at top of mind for most people.
> All of that said, Bitcoin is a failed experiment.
If this is failure to you, I hope Bitcoin keeps failing! By any metric you look at it, Bitcoin is reaching all time highs with exponential growth.
> People don’t think about the environmental consequences because most people don’t think about that anyways.
They don't think about that because:
A. They're not the cause of the environmental damage (check with the military and large industry there).
B. They're concerned about paying rent, buying food...
Money is at top of mind for most people.
> All of that said, Bitcoin is a failed experiment.
If this is failure to you, I hope Bitcoin keeps failing! By any metric you look at it, Bitcoin is reaching all time highs with exponential growth.