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The Sunday Debate: Blockchain, Quantum Leap Forward or Digital Snake Oil?
Intelligence Squared
The Problem With Bitcoin, Is It Safe?
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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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