Wednesday, February 07, 2018 4:33:38 PM
Bitcon going to Zero.
But there is a fatal flaw that I'm pretty sure no one has pointed out yet. The math for the blockchain requires people to mine Bitcoin. When people stop mining, the value plunges. And when the price drops below the cost of production everywhere your Bitcon is going to have all the value of a slightly used Fax machine or a wonderful Beanie Baby. Estimated cost of mining Bitcon $6,000.
Power intensive.
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