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. 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.
What do you think about the subject? Can you share some enlightening information for me?
That true, Bitcoin has many advantages as a currency, such as decentralization and resistance to inflation but there are still challenges to overcome before it can become a global reserve currency. Its high energy consumption and volatility are concerns that need to be addressed, and it lacks the backing of a government or military force. Ultimately, time will tell whether Bitcoin can overcome these obstacles and achieve its potential as a truly global currency.