It is indeed laughable to think that useless crypto-currencies or shitcoins have any fundamentals of value. Their fundamental value is ZERO or actually negative is if you price correctly their negative externality of hogging energy and destroying the environmenthttps://twitter.com/samvega/status/1050599068559241217 …
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Replying to @Nouriel
Does the existing financial system use no electricity?
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Replying to @gregory_nico @Nouriel
It doesn’t use the power needs of Austria to process a few transactions, no.
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it doesn"t please take a deper look or do you think al those bank buildings and transactions and administrations do not use energie?
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Oh dearie me. No, they do not use enormous amounts of energy to simply execute a transaction. I speak as someone with 40+ years experience in this space. I would be delighted to see interesting emerging technology. This isn't it though.
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Casie G Retweeted Komodo
PS this is only 1 project in the crypto space, development is going so fast you have I think no idear how many aplications will amurge out of this new tech , my advice start following
@aantonop and feast your eyes and brain on this#KMDhttps://twitter.com/KomodoPlatform/status/1048162684762505217 …Casie G added,
Komodo @KomodoPlatform#Komodo#Infographic #025@Platitude_X. Only retweets of this tweet will count as votes on Twitter. If you'd like to vote then retweet and upvote/comment in Platitude's reddit post: https://www.reddit.com/r/komodoplatform/comments/9kd5k4/infographic_contest_submission/ …. Scroll up and down this thread to see other entries. pic.twitter.com/FgQyXPXYobShow this thread1 reply 0 retweets 1 like
We offer delayed proof of work which recycles the energy invested in Bitcoin's hashrate to protect smaller independent chains. It's a counter rather than a prevention. We notarise every five blocks. Want more info?
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