Post
Topic
Board Altcoin Discussion
Re: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution
by
astor
on 23/04/2014, 12:18:20 UTC
Add bitcoin to the list.

It doesn't solve distributed consensus.

The equilibrium between energy use in mining and market cap means it cannot scale.  The only way the market cap can grow significantly is by having centralized miners that have access to private energy efficient mining technology, which makes the "distributed" part meaningless.

All in all, it's a total scam.