The Market Always Wins
How sustainable is Bitcoin? How does it compare to the alternatives? We took a look at the resources required for certain systems that are already in place: Fiat, Bitcoin’s PoW, and PoS
The blockchain networks discussed here are operating on a PoS (Proof of Stake) system, differing from the PoW (Proof of Works) operations behind the BTC chain.
“The governments of the world have spent hundreds and hundreds of trillions of dollars bailing out a decaying, dickensian, outmoded system called banking, when the solution to the future of finance is peer-to-peer.
With both digital and physical money in the mix, amongst ~180 different currencies worldwide, Not to mention the thousands of banks across the world; Fiat currency clearly consumes tons of resources (literally).
