(2/2)... server and utilities but all the energy required(food, transportation, etc) to maintain the humans that keep the banking system running.
My point here being that the present state of a very nascent tech might not be the best version for long term evaluation of whether society/environment will benefit/lose out. The whole space is very much a series of lab experiments run in the open imo. Too early to dismiss I feel.
Yup there would be more data and types of data to store but I do think how efficient/wasteful the storage solution is/will be would be dependent on the implementation. There are projects whose intent is to better utilise idle storage capacities of individuals which, though yet to be seen at scale, might help to not put everything on-chain but still use a chain as a means to manage and detect/prevent tampering. But still too early though to tell though haha
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