Expending over 60 TERAWATT hours of electricity per year, Bitcoin can still only average 3.3 transactions per second… DOOMED to failure
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(Natural News) Is Bitcoin worth the hype? According to new reports from the Bank of International Settlements (BIS), Bitcoin and other cryptocurrencies are doomed to fail. The BIS study, aptly named “Looking Beyond The Hype,” investigated whether or not cryptocurrencies can sustain their role as money. Based on their findings, the BIS has ultimately concluded… |
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