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People have set oil fields on fire and killed millions of people to protect fiat currencies. Bitcoin is a mere blip in my opinion. Prof of stake is coming and

• matheusmoreira 6y ago
  > People have set oil fields on fire and killed millions of people to protect fiat currencies. Bitcoin is a mere blip in my opinion. Agree completely. I simply don't understand all this noise about bitcoin energy consumption. It doesn't add up to even 1% of the damage these entrenched organizations cause. The only explanation I can come up with is they are too powerful to be messed with while cryptocurrencies are a safe target. > Prof of stake is coming and eventually bitcoin will not be able to keep up with others that have switched. So it will be fork or die. Absolutely! Once they all switch to better proof systems, we'll enjoy lower transaction fees and even higher decentralization. Proof-of-stake is already threatening to fork Ethereum, hopefully the miners will lose in the long run. Bitcoin is outdated tech by now. Only reason it's still around is its history as the first and most well-known cryptocurrency.