Could Cryptos only be a flash in the pan?

in #energy6 years ago

https://arstechnica.com/tech-policy/2018/05/new-study-quantifies-bitcoins-ludicrous-energy-consumption/

We are now post Peak Conventional oil, and although unconventional oil is presently keeping up appearances or normality this clearly cannot continue. As the energy lowers, so will the means to keep doing what we are doing now, with many high energy activities becoming victims of their own success. Will the Cryptos also fall victim? Tune it, to a future near you...

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