Bitcoins are a waste of energy

“Bitcoins are a waste of energy – literally” – The Drum | $246.07

Last Updated: Jan 2, 2018

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Fortunately, it’s unlikely that Bitcoin will survive long enough to generate the environmental disaster that would arise if it became a major part of the financial system. The same design feature that requires the use of so much electricity is the fatal flaw in Bitcoin as a currency.

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Alexander Reed

Editor

Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including... Read More

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“Bitcoins are a waste of energy – literally” – The Drum | $246.07

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