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RE: A New Currency Emerges As The Old Currency Withers Away, Welcome To The Transition - Episode 1355a

in #economy7 years ago

I think many of the crypto space is hyped at the moment, especially ICO's. What is a cryptocurrency, but a store of value. Speculation around Bitcoin has inflated the price. Segwit will sort out the transaction speed issue, but there are alt coins that do a better job at the moment and will upgrade based on usability rather than mining profit. Bitcoin has become quite centralised. The energy used to produce the crypto in mining is such an environmental waste, there must be a greener alternative? Blockchain is starting to open up possibilities of decentralised Internet, hosting, exchanges and many more. Decentralised currency is just the start. Will Bitcoin be the one?

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