| Author | Message | ||
Lenin Hero Username: Lenin Post Number: 15206 Registered: 08-2014 Posted From: 120.21.147.146 Rating: N/A |
Gold acted as both commodity and asset Bitcoin is neither of them... Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! | ||
Mental_sachinodu Megastar Username: Mental_sachinodu Post Number: 21478 Registered: 10-2008 Posted From: 50.241.19.41 Rating: N/A |
that is true. Paypal filed a patent today on speeding up cryptocurrency payments. i.e, transactions can now happen between seller and buyer "OFF" blockchain network. which kind of breaks the blockchain protocol, but probably introduce a intermediary validation process.
In my view it will not be a replacement of regular currency. currency will always be regulated and backed by a government(even if it meant banks, like good ole days). Bitcoin might end up like gold, which is more like a reserve of value. | ||
K805 Junior Artist Username: K805 Post Number: 63 Registered: 10-2016 Posted From: 208.87.236.201 Rating: N/A |
If this consumption is true can Bitcoin survive long term? Can people adopt such expensive alternative to regular currency? OR Bitconin becomes one more AltaVista / Netscape navigator | ||
Platypus Side Hero Username: Platypus Post Number: 8269 Registered: 01-2008 Posted From: 167.220.197.90 Rating: N/A |
It is pretty close. As per Oxford University (took a course on blockchain with them last year): Annual energy consumption of the Bitcoin network is around 15 Terawatt Hours – with mining costs of more than 747 Million US dollars. This energy can power 1.3 million US households. Disclaimer: Do your own research before investing in any cryptocurrency or conventional stocks. My views are my personal opinions. | ||
Dma Hero Username: Dma Post Number: 19894 Registered: 11-2009 Posted From: 70.176.174.40 Rating: N/A |
it is close Jai Andhra!! Jai Jai Andhra!!! | ||
Masularex Side Hero Username: Masularex Post Number: 7457 Registered: 05-2010 Posted From: 223.237.1.89 Rating: N/A |
http://www.eenadu.net/homeinner.aspx?category=national&item= break28 idi nammadage vishayam laa ledu... vignulu explain cheyagalaru... |