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RE: ADSactly Tech News - Blockchain and the Potential it Holds to Change the World!
The concept of blockchain is great, but Bitcoin itself is a hugely wasteful use of resources. People need to look into alternative cryptocurrencies more. Currencies like GridCoins and many others provide utility while generating the currency, instead of just wasting electricity. And @adsactly this is true Blockchain and the Potential it Holds to Change the World!
It is true. Bitcoin needs an incredible amount of energy to be self-sustaining, all that energy is backing bitcoin in terms of value but is extremely bad in terms of sustainability and environmentalism. This is an issue that will have to be looked at more closely going forward.