Quote from: DevFile90 on February 25, 2022, 08:58:08 AM

If PoW algorithm is banned how will BTC thrive? Is that even possible to begin with because the only crypto project that will die PoW is BTC so why is EU securities regulator trying to place ban on PoW algorithm?

On technical level there is nothing stopping bitcoin from transitioning to POS or proof of stake. I think the problem is with miners, they wouldn’t like bitcoin to become a proof of stake cryptocurrency. They would still prefer it to remain proof of work as it has been and bitcoin is the first proof of work cryptocurrency that we had.

So, even if the EU should decide that they’re going to ban proof of work cryptocurrencies (bitcoin and every other proof-of-work cryptocurrencies) it is still not going to change anything at all as the chances of Bitcoin switching to proof-of-stake is none. That is how I see it.

Quote from: wxa7115 on March 21, 2022, 05:23:23 PM

This is one of the reasons why bitcoin adoption is taking so long, people that lived most of their youth without using computers are going to have a problem understanding the concept of bitcoin, however new generations understand immediately the concept of bitcoin and what it is trying to achieve.

Yes, it’s a big. In my country I’m really tired of seeing old people who are close to being on a death bed soon still contesting for presidential elections and other posts in government. It is really annoying, because what we need are fresh and young minds who can actually think up ideas that would move the country forward.

These old people are really not helping at all. I would be very happy if the age limit for contesting for any post in politics should he set at the least sixty years. That would be better than having old men of like eighty years being there lol. These people should all go and rest.