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Author Topic: Crypto is in a bubble, Bitcoin may get 'left behind’ due to its power usage  (Read 999 times)

Offline sirty143

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Vitalik Buterin thinks crypto is in a bubble, but doesn’t have a prediction of when it will pop and he believes there is a “possibility” Ethereum will overtake Bitcoin in the future. See more for yourself here.

Your opinion is greatly appreciated.

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Offline Senin

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Cryptocurrency, and especially bitcoin, already needs to change dramatically. Functionally, bitcoin has already hopelessly lagged behind almost all cryptocurrencies, having a scalability of only about seven transactions per second, while others are already showing results up to a million transactions per second. Moreover, it is not only slow, but also expensive, and in every sense. However, if the first cryptocurrency is somehow forgiven, then the problem of energy consumption can become a very serious problem for it. After all, we are already talking about the survival of human civilization.
Against this background, ethereum compares very favorably with bitcoin, updating  on time and simultaneously solving the problem of high energy costs. Therefore, it is quite possible that in terms of capitalization and price dominance, ethereum may soon overtake Bitcoin.
« Last Edit: May 30, 2021, 08:23:45 AM by Senin »

 

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