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I might be the wrong person to ask, my personal opinion of cryptocurrency isn't a popular one. I have issues with the whole idea when I think about the power co
by mobilemidget 9y ago
I might be the wrong person to ask, my personal opinion of cryptocurrency isn't a popular one. I have issues with the whole idea when I think about the power consumption to keep this 'alive'. And not to forget the 'early adopter' advantage.
But the trade, and the price fluctuations aren't over by long, new cryptocurrencies launched daily by respectable instances and companies. So in this way, I still see a lot of 'rush' potential, even today.
And like the goldrush, it was the people selling the shovels and things making the good steady profits. And there are also a lot of hardware things to change/improve on the cryptocurrency market.
- sillysaurus3 9y agoThere was an article I can't find now, but it breaks down the cost of bitcoin's energy use relative to the whole world. The conclusion was something like, if bitcoin reaches a trillion dollar GDP, the energy usage would only be around ~1.5% of our total. I think I'm getting that number wrong, but the point was that we spend way more energy for trivial purposes compared to a trillion dollar GDP.
- mobilemidget 9y agoBy any chance would it be this site? https://realtimebitcoin.info https://realtimebitcoin.info
- mcone 9y agoMaybe this site? https://digiconomist.net/bitcoin-energy-consumption https://digiconomist.net/bitcoin-energy-consumption
- deleted 9y ago[deleted]