Re:Cambridge Bitcoin Electricity Consumption Index
by Rallerbabs on Wednesday February 10, 2021 @10:01AM
(#26090016)
Don't see how you can compare a virtual asset to a physical one and then somehow think the virtual asset is harder to manage then the physical one?
I unironically think Dogecoin has a much higher chance than Bitcoin of being a legitimate and popular medium of exchange in the future, in part because the supply isn't capped.
I think cryptocurrency may drive a lot of commerce in the coming decades as an actual payment mechanism rather than a speculative security, but, if so, I don't think it'll be Bitcoin that wins that race. I suspect the value will still be fluctuating frequently and violently in ten years.