Mathias on Nostr: I think it's a pretty valid consern since Bitcoin still have a fair bit of catching ...
I think it's a pretty valid consern since Bitcoin still have a fair bit of catching up with traditional fiat currencies in term of adoption, and it already consumes the energy of a small country. Now picture what that would mean if everyone was using the network for every transaction. Again I'm far from an expert but to my ears that's a pretty big challenge.
From what I've understood about Polkadot it's quite far from a fiat as it's also a decentralized ledger, so why would that be so bad in comparison to Bitcoin?
*also you sound a bit angry, did I offend you?
Published at
2023-08-23 20:03:52Event JSON
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"content": "I think it's a pretty valid consern since Bitcoin still have a fair bit of catching up with traditional fiat currencies in term of adoption, and it already consumes the energy of a small country. Now picture what that would mean if everyone was using the network for every transaction. Again I'm far from an expert but to my ears that's a pretty big challenge.\n\nFrom what I've understood about Polkadot it's quite far from a fiat as it's also a decentralized ledger, so why would that be so bad in comparison to Bitcoin?\n\n*also you sound a bit angry, did I offend you?\n",
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