I kinda miss "toilets with auras"
binomialchicken
Insurance generally does not cover arson, but I don't know if their policy specifically does. If it was covered, the insurance company is going to consider raising the premiums for coverage. If enough dealerships have to make claims due to arson, all dealerships may have increased premiums, or may even become uninsurable, which would likely stop them from operating at all.
Do you feel the same way about centralized currency's apparatuses? Visa, MasterCard, Chase, BoA, PayPal, the U.S. Mint, the FBI's anti-counterfeiting department, point-of-sale terminal manufacturers, etc. These all use so much more resources than all of crypto combined, not to mention the human lives wasted to support it all.
You say that if crypto disappeared, nothing would happen. I posit that if fiat currencys disappeared (and were replaced by a crypto that isn't energy intensive) that you would have a net improvement to global society. You could hand out lifelong annuity/pension/UBI for all the displaced workers, pay them to dump all the executives/shareholders at the bottom of the ocean, and still have excess money left over. All those former bank tellers would have time to pursue their interests, and maybe produce some music/art/whatever for the rest of us along the way. (Bitcoin and proof-of-work's energy waste do need to be trashed though.)
Saw midwest.social, was not disappointed