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Bitcoin fork (maintaining BTC balances) onto Algorand consensus, call it algoBTC, would solve 2/3 of these issues. Scalable as money and environmentally friendl
by mshumi 6y ago
Bitcoin fork (maintaining BTC balances) onto Algorand consensus, call it algoBTC, would solve 2/3 of these issues. Scalable as money and environmentally friendly pure proof of stake. The greed/scam aspect is human nature and the appeal of a 'trustless' store of value. Clear regulation would go a long way here and more opportunities for [high risk]-reward yield for retail investors would drive people away from scams (current accredited investor and private share-holder restrictions; us govt. intends to change definitions as of this year)