Government-backed money still has one huge advantage over bitcoin
Associated Press/Susan Walsh
Bitcoin’s price has gone crazy honesty in relationships in 2017.
But the electricity needed to power the cryptocurrency network has also increased exponentially, and it’s unsustainable.
Unless you’ve been hiding under a rock, you know bitcoin prices have gone bananas. I’m not even going to quote any numbers. Anything I say will be laughably wrong by the time you read this.
Could some virtual currency that only exists on a computer screen really be worth these crazy prices?
you think it will become a major medium of exchange, bitcoin is far underpriced.
That’s a big “if” we’ll discuss in a minute.
Bitcoin’s growth is unsustainable