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RE: Famous Economist Explains: Proof-of-Stake Tokens are Money, Bitcoin Isn't

in #steem7 years ago

This is amazing news then sir @andrarchy. While not understanding fully yet how POW or DPOS works, I can say that the direction BTC is heading to,to me, hasno future,other than investors making massive gains from their initial investments.

Despite several forks, transaction fees are still through the roof, difficulty in mining is scalling up rapidly, and energy consumption by mining machines are eating up massive loads of energy.

Whst does that mean for the futre? probably nothing, but who know?

What I wish not to happen though, is for the price of BTC to continually affect the prices of all alt coins.