Re:Bitcoin emissions alone could push global warming above 2...
by londons_explore on Sunday January 17, 2021 @05:36PM
(#25815930)
> Bitcoin has effectively failed as a payment network.
To fail, all of the 2nd layer networks have to fail, and it has to keep its position of a store of value, keeping transaction costs out of reach of regular folk.
If tomorrow there was a big price crash back to $1, and all transactions dried up, it would have a 2nd shot at being a payment network.
To fail, all of the 2nd layer networks have to fail, and it has to keep its position of a store of value, keeping transaction costs out of reach of regular folk.
If tomorrow there was a big price crash back to $1, and all transactions dried up, it would have a 2nd shot at being a payment network.