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The Sunday Debate: Blockchain, Quantum Leap Forward or Digital Snake Oil?
Intelligence Squared
The Problem With Bitcoin, Is It Safe?
As long as you can get money for big coins, all the incentives are to keep using more and more energy. Bitcoin is anti efficient, like when it stat whence a tota necomoto started in two thousand nine,. It was running on his computer, and it ran seven transactions a second. In 20 18, it's using o point one % of all the electricity in the world, and it's running seven transactions aSecond. And this, what do we get for this? We get a payment system that isn't very good, and we get a um, sort of an immutable block chain. That's of interest to bi coiners.
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