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RE: Bitcoin: The World Can No longer Sustain Its Mining Costs

in #bitcoin7 years ago

Hi no one likes negative news, including myself. I still do buy Bitcoin, if that changes your opinion. From an economic pov, mining is never an economically sustainable activity due to its high energy consumption. Proof-of-Stake is. If not, why use Smart Media Tokens such as Steem and not Bitcoin?

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Dont attack the flagship!
I understand many cryptos serve diff purposes...
Bitcoin is becoming bullion...
Decentralized