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Re: scion post# 130079

Monday, 12/11/2017 12:59:55 PM

Monday, December 11, 2017 12:59:55 PM

Post# of 222451
lol..did Loz read my post too? This information has been out for years but the hucksters of course slide right over it. And I didn't even touch on energy use itself. Ol' Sato probably just wanted to use bitcoin for himself.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136777134

"The energy and storage to maintain bitcoin blockchain is staggering in it's enormousness. Bitcoin is unsustainable energy wise and companies are not going to invest and support the phenomenal server capacity to store every single transaction that cannot change. Not even the highest compression we have can make a dent in the needed capacity in the near future. And the very design that is blockchain does not lend itself to ecommerse or today's world wide accepted UPC systems. It's slow and there's nothing on the horizon visible that will alleviate this problem. Is Amazon going to invest in giant warehouses full of servers so people can buy potato chip makers and electric razors with bitcoin? I don't think so. It's not a paradigm shift like the hucksters are hawking."
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