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RE: Offline

in #cryptocurrency7 years ago

Bitcoin has done a good job of taking crypto mainstream, but it is so wasteful to be burning all that power to mine it. They are having to fork it to make it a viable currency.

It seems most coin prices are driven by speculators rather than people who want to use them.

The only significant crypto I hold is Steem that I have earned here. That has the advantages of speed and free transfers that should make it popular. I have used it to buy stuff such as music, art and guitar picks. I want to be able to use it more often. We could have a thriving economy based on Steem. That will empower people around the world.

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No problem for BTC when everything becomes powered by infinite, renewable energy xD

Yeah, because we cracked nuclear fusion decades ago :) You could run the internet on FUD energy.

Steem is good indeed, and agree with you that bitcoin has done it's job, now it has to get obsolete, because of the proof of work algorithm which is realy contributing to the global warming. Maybe people shoud switch to crypto wich are less resource intensive like STEEM, as you mention. It will be a more responsable approach!