Post
Topic
Board Economics
Re: Could Bitcoin one day become the global reserve currency?
by
loopes
on 25/03/2023, 23:10:30 UTC
Bitcoin is a technology that makes our life easier. It does not melt in the face of inflation like fiat currencies. It frees us from the bondage of banks, as it allows us to transfer money without the need for third parties.
The third party of blockchain technology especially bitcoin is the miners, so it is not completely without third party interference. They process every node of the blockchain the our transaction is occur. 

It has great features.
- However, despite being a new technology, it has very high energy consumption. However, everyone would like it to consume less energy.
-snip-
What do you think about the subject? Can you share some enlightening information for me?
energy consumption of bitcoin is not always profligate. it depends on how the electricity is produced, almost majority of developed country use environmentally friendly power plant.