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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by dylkil on Monday February 08, 2021 @08:27AM (#26064099)
Hes legitimizing crypto in general. PoS will be proven to be more efficient in almost every way, people will gravitate towards that. Bitcoin has the network effects of being the first mover right now. Ethereum is surpassing it on many metrics, txs/day, $ volume processed per day, etc [1].

[1]https://www.blockchaincenter.net/flippening/

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by kevingadd on Monday February 08, 2021 @08:45AM (#26064316)
"PoS will be proven to be more efficient in almost every way"

We've already known PoS is more efficient for like a decade haven't we? When will it become real and actually start to supplant Bitcoin, 2030? It's a very interesting theoretical point but I don't see how it's relevant when we're talking about the environmental impact Bitcoin has been having for years while Tesla is dumping money into it.

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by michaelsbradley on Monday February 08, 2021 @10:03AM (#26065382)
The Ethereum 2.0 Beacon Chain mainnet launched on 01 Dec 2020; you can track its operation with e.g. BeaconScan[1] and beaconha.in[2].

Ethereum 2.0 (proof of stake) is currently a hybrid, with the beacon chain operating in conjunction with Ethereum 1.0 (proof of work).

The plan[3] is to merge Eth1 and Eth2 by 2022, though it's an admittedly ambitious plan. My bet is that it will happen before 2024.

[1] https://beaconscan.com/

[2] https://beaconcha.in/

[3] https://ethereum.org/en/eth2/docking/

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by ad31mar on Tuesday February 09, 2021 @04:21PM (#26082521)
Stop pumping shitcoins.
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