You have the US and the EU (and China?) ban Bitcoin and other proof of work/proof of resources waste shit, on the ground that there are incompatible with our current and major Energy-Climate crisis.
Then one of two things will happen.
If there are energy efficient Blockchains around there, that will boost them into relevance real fast. Engineering skills and investment money will flow towards them.
If there are none, well then the whole Blockchain sector is crap and deserves to be banned.
Simple solution is regulation.
You have the US and the EU (and China?) ban Bitcoin and other proof of work/proof of resources waste shit, on the ground that there are incompatible with our current and major Energy-Climate crisis.
Then one of two things will happen.
If there are energy efficient Blockchains around there, that will boost them into relevance real fast. Engineering skills and investment money will flow towards them.
If there are none, well then the whole Blockchain sector is crap and deserves to be banned.
Harsh but true ;)