> Proof-of-work is so obviously, undeniably, mathematically guaranteed to be a crypto dead-end Bold claim. > Proof-of-work requires, by design, that the elect

> Proof-of-work is so obviously, undeniably, mathematically guaranteed to be a crypto dead-end Bold claim. > Proof-of-work requires, by design, that the electricity value expended on mining is proportional to the total market cap of Bitcoin False statement (as it ignores the bitcoin emission schedule and transaction fees). > The problem, of course, is that if it takes an Argentina's worth of electricity to run Bitcoin now, how does the world manage if Bitcoin has a 10 or 100 times greater market cap? Obviously it can't, and world governments would rightly shut it all down before the majority of our electric output went to mining BTC. Constructing an irrelevant hypothetical based on the initial false statement. > simply no way around this issue if you're on a proof-of-work system, and given that, it's so easy to see that BTC is guaranteed to fail at some point More bold declarative statements with nothing to back them up. Learn more here: https://en.bitcoin.it/wiki/Controlled_supply https://en.bitcoin.it/wiki/Controlled_supply