Earlier quoted context omitted.
For one, quantity: video games don’t use as much electricity, and those that do aren’t incentivizing reactivation of old fossil fuel plants. For another, necessity: we have a preexisting financial system that secures orders of magnitude more value than cryptocurrencies do, with actual legal guarantees and recourses. For a final, civic harm: whatever limited negative social ills can be explained by video games are dwa…
Energy isn't fungible. That financial system uses many more magnitudes of energy. This is like blaming dollars for the existence of bank robbers.
I don’t think the directly comparable elements of the financial system (i.e., storage and settlement) use anywhere near as much power as Bitcoin does. Unless you’re doing that thing where you’re comparing the entire traditional economy to Bitcoin, which is silly: the traditional economy has actually valuable outflows, and Bitcoin does not replace factories and their workers.