A huge issue with BTC and IXC is the amount of wasted energy. Look how many millions of dollars it cost just to mine BTC. And for something arbitrary, like 10 leading zeros on the block hash, which serves no purpose, other than making it harder to verify a transaction. All PoW coins will fail.
Would you say that's a big problem for the big energy companies?
Can't you people see that everything about Bitcoin was designed [by Satoshi] to be in favor of the corporations and governments and against the people? By this time next year, the people will be OUT of the mining business as the rich and elite corporations take over. This is part of the design and could have easily been seen [and avoided] from day one.
Why can't people look and see the blatant evidence of ultra centralization, massive waste of energy and complete loss of freedom for the people?
Okay, maybe the corporate elite will keep BTC and other PoW coins floating. But the free market would never choose to go with a crypto like BTC! It will only survive at the hand of corporate and government force.