Post
Topic
Board Economics
Re: High volatility and sudden crashes will kill bitcoin, unless...
by
HaXX0R1337
on 30/05/2017, 22:51:19 UTC
Future economy has to be energy-based.
If you really consider the amount of energy consumed to mine one bitcoin you will know that it is really an energy consuming coin,take into account the electronic wastes it creates in the form of obsolete mining hardware's and the amount of power it is using world wide,to be frank it is a complete waste of energy,we need to have some economic solution for these things which i know is not possible. Grin Bitcoin is volatile from the start and it did not kill the coin and i think it wont.