Bitcoin Is Dead

October 5, 2015
Bitcoin Price: $240.59

BITCOINS ARE A WASTE OF ENERGY, LITERALLY

Fortunately, it’s unlikely that Bitcoin will survive long enough to generate the environmental disaster that would arise if it became a major part of the financial system. The same design feature that requires the use of so much electricity is the fatal flaw in Bitcoin as a currency.

Professor, University of Queensland


Source: The Drum