There is a report floating around today that bitcoin with all its transactions will "break the internet". But I'm sure the internet will be fine. There is a point about bitcoin taking a lot of bandwidth and energy but it is at its current state. Bitcoin will become more efficient and if not other coins will take over. That is how it works like all tech. But lets write a funny limerick for it :p. Down goes another firewall watch as websites fall, more electricity used, like the blob oozed, bitcoin has consumed us all. Dun dun dun... ![bitcoin-2007769_1280 (1).jpg](https://cdn.steemitimages.com/DQmWfb9G4DoTjimz9fZR2HCxTJSqL5hXpAToTngksbwF7Fc/bitcoin-2007769_1280%20(1).jpg)
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author | whatageek |
permlink | i-see-the-points-about-bitcoin-but-it-will-not-break-the-internet |
category | cryptocurrency |
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Break the internet? What does that even mean and is that really possible?
post_id | 53,474,843 |
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author | hermannsol |
permlink | re-whatageek-i-see-the-points-about-bitcoin-but-it-will-not-break-the-internet-20180618t193225874z |
category | cryptocurrency |
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My favorite part of that report is right at the intro: > The BIS, an 88-year-old institution in Basel, Switzerland, that serves as a central bank for other central banks Followed up with > consume too much electricity Centralized thinkers who never heard of solor power. I am now sure Bitcoin will be the future thanks to how many reasons don't want Bitcoin to work yet here were are 7 years later still doing it plus a shitton more coins all having their own ecosystems.
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author | cryplectibles |
permlink | re-whatageek-i-see-the-points-about-bitcoin-but-it-will-not-break-the-internet-20180618t193319307z |
category | cryptocurrency |
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Impact at first sight the phrase "break the internet" really is this possible? what do you think? give us a little hope in this valley of tears
post_id | 53,475,707 |
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author | yrisalcala79 |
permlink | re-whatageek-i-see-the-points-about-bitcoin-but-it-will-not-break-the-internet-20180618t194249809z |
category | cryptocurrency |
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I think the writer mistakenly used false words... writer was think... "BTC can break the banks every moment" .
post_id | 53,475,732 |
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author | foxkoit |
permlink | re-whatageek-i-see-the-points-about-bitcoin-but-it-will-not-break-the-internet-20180618t194306945z |
category | cryptocurrency |
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Just sensationalism being spewed by nervous sheep fleecers whose sheep are beginning to protest. I believe that BTC still has a long way to go technologically as value and adoption grows. Crypto as well is definitely in its infancy and the competition along with shared opensource advances will lead to more throughput and more energy-conscious processing. The oozing blob is the banking industry. Good poetry too!
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author | zekepickleman |
permlink | re-whatageek-i-see-the-points-about-bitcoin-but-it-will-not-break-the-internet-20180618t200609650z |
category | cryptocurrency |
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root_title | "I See The Points About Bitcoin But It Will Not Break The Internet" |
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this is a much bigger conversation. but yes, bitcoin needs to keep evolving or become much reduced store of value. but at least its' properly decentralised and out of the control of any bank, committee or person. genius. (yes it's possible a certain amount of people hold many coins, but not all).
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author | ade-greenwise |
permlink | re-whatageek-i-see-the-points-about-bitcoin-but-it-will-not-break-the-internet-20180618t211734978z |
category | cryptocurrency |
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