Tag Archives: unsustainable

Digital Fools Gold: Bitcoin Alchemy

Recently, Jamie Dimon of Citibank made headlines by labeling Bitcoin a fraud. Whether those comments played any part in Bitcoin’s recent sell off is hard to say, but the true believers reacted with predictable outrage given that the comments came from the ultimate Wall Street insider whose financial supremacy is supposedly threatened by crypto currencies […]

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Keeping The Faith: Bitcoin’s Top Three Myths

“Bitcoin can never become the currency of the world because it uses as much electricity as an entire nation just to run the infrastructure,” Adams adds. “It would be slow, and the transaction would be high, and to solve that problem we create these {crypto control} hard forks that proves Bitcoin isn’t permanent.” When Bitcoin […]

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